{"id":39666,"date":"2024-03-02T13:41:42","date_gmt":"2024-03-02T08:11:42","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=39666"},"modified":"2024-03-05T06:44:04","modified_gmt":"2024-03-05T01:14:04","slug":"cessed-property-tax-implications-on-flat-surrendering","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/cessed-property-tax-implications-on-flat-surrendering\/","title":{"rendered":"Cessed Property tax implications on flat surrendering"},"content":{"rendered":"<p>I am a tenant in a cessed building in Matunga East &#8211; Mumbai. If I surrender my tenancy &amp; get a payment from the landlord &#8211; is that subject to taxes? If yes &#8211; what would be the tax %? What would be the implication if I invest the money in a residential property? Will i get exempted from taxes on account of the same?<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[139],"qa_category":[966,23],"qa_tag":[24,1182,1186,1185],"class_list":["post-39666","qa","type-qa","status-publish","hentry","qa_expert-research-team","qa_category-allied-law","qa_category-income-tax","qa_tag-capital-gains","qa_tag-cess","qa_tag-surrender","qa_tag-tenancy"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/39666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=39666"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39666"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=39666"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=39666"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=39666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}