Bollywood filmmaker Subhash Ghai sells 2 flats in Mumbai for Rs 11.6 cr

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Bollywood filmmaker Subhash Ghai sells 2 flats in Mumbai for Rs 11.6 cr - Business Standard

Quick Summary:

The residential project is part of the Splender Complex Co-op Housing Society Ltd, developed by Oberoi Realty.

As per the registration documents, the actress brought this apartment in March 2020 for around Rs 14 crore and sold it in January this year for Rs 22.50 crore.

The transaction involved a stamp duty of Rs 1.35 crore and registration fees of Rs 30,000. Notably, Sinha owns one more apartment in 81 Aureate, as per IGR property registration records.Tax planning to blame?