I am retiring next yr at 55 with 3 houses paid off worth 4.5 million . One is my place of residence the other 2 properties will give me $80,000per/yr rent . I will have an income stream of $20,000 per yr through my super which gives me total $100,000 a yr to live comfortably . I have no debts
You have done great for yourself. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
Starting with investing may feel challenging, but focusing on passive income, like rental properties or REITs, can offer stable returns. Seeking advice from a financial advisor and researching high-demand rental areas can help you find investments that match your goals, ensuring future financial stability.
My CFA Julianne Iwersen Niemann, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Tip for anyone wanting to save tax from real estate income. Instead of buying bonds at 6 percent returns, locking the funds and dealing with the government schemes, one could quite simply put all of that in FD at around 8 percent returns or even mutual funds at 10-15% returns. This should recover the tax you paid in 1-2 years depending on the amount. You also have access to the funds at all times in case of an emergency.
Small taxes can affect investment decisions such as whether to choose tax-free municipal bonds over taxable bonds or do a Roth IRA conversion. I’ve been sitting on over $745K equity from a home sale and I want to invest on the stock market, how do I achieve this without being taxed twice?
There’s more benefit to holding fixed-income assets in tax-deferred retirement accounts as opposed to taxable accounts. If you're not who understands strategies to invest in the market, seek a Financial advisor to guide you.
Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $886k tax free.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Gregory Leo Cattel” for about five years now, and his performance has been consistently impressive. He’s quite known in his field, look-him up.
Please give clarity by video on Capital Gains AC CGAS Type A:(Savings ac) CGAS Type B: FD. What is the interest applicable, which banks, procedure and tips to withdraw part amounts when purchasing Residential property.
In your Excel Sheet, you have mentioned: "For Properties bought before 1 Apr 2001, enter Stamp Duty Value or Fair Market Value on 1 Apr 2001, whichever is lower". As per ITD Tweet, it is as per choice of the Tax Payer. Your feedback, please.
Very good analysis. But I have a concern. If I am buying a new residential property by selling another one, then I have to pay GST, Under Table Charge and other many charges. So, paying tax. Now this new property will not get LTCG benefit. I feel this is a trap. It is better to pay the LTCG tax instead of investing in a new property. If someone wants to buy a property for very-long-term staying purpose, then it is ok. Otherwise ....
Can we off set short term capital losses carry forwarded from previous years with Short term Capital gains from sale of (property which was not held for) 2years
Thanks for great video. I have bought house in Feb 2024. I have some MFs, which I am thinking to redeem. This is purely for Tax Harvesting purpose. SO, How IT department check if I have invested that money in house property or not? I have outstanding loan of 50L now, do I need to pre-pay it with all the proceeds I get after selling my MFs? (for example, if I get 15L after selling MFs, do I need to prepay loan by that much amount?). Please guide.
Good video, I have a few queries. 1. What is considered to be the date of purchase for under construction property, is it date of allotment or date of possession or date of registration. 2. Please advise if benefit under section 54 is taken, can a person also get benefit u/s 54F (through sale of shares) for the SAME property
This video is very useful if all content in this video is true and valid. Some points are not clear: 1. Capital gains account scheme 2. Can I buy 2 plot after sale 1 property in exempt.
I have purchased a plot of non-agricultural land in 1990 by Rs.80,000. Now I have decided to sell that plot by Rs.10 lakhs. Circle rate of that plot is Rs.15 lakhs. Please calculate my actual capital gain tax figure , which I have to pay to income tax authority? Please also note that, trying my label best I couldn't find the circle rate or fair market value of that plot as on 01.04.2001. Now I want to pay the actual capital gain tax to income tax authority, so that no future problem arises. Please calculate my actual capital gain tax figure.
Very good analysis. Thank you!! I have however a very different question. Please help determine how capital gain tax is calculated if I sell the property now, when the residential property bought 10 years ago was not yet even given possession and followed a construction linked plan with 90% of total purchase value paid till date during first 4 years of booking . Appreciate if you can enlighten us
बड़े ही विस्तार से capital gain tax के बारे में जानकारी देने के लिए धन्यवाद। कृपया यह बताने का कष्ट करें कि मेरी बहन द्वारा 2001 में बनाए गये मकान के उनकी मृत्यु के बाद मई 2024 में मेरे नाम ट्रांसफर होने के बाद यदि मैं इस मकान को अभी बेचता हूं तो उससे होने वाली इनकम long term capital gain मानी जाएगी या short term capital gain?
Now it is common in the country to bring Agriculture land in urban areas for many developmental reasons ; in that case a person has to pay capital gain tax if that person makes profit or invest in other property as per guidelines.
Sir, I have been watching your videos regularly and find them very informative and provide good clarity. Capital gains in simple language is well explained in this video. However, complications appear in case of under-construction properties where no clarity is provided in section 54. Whether date of allotment, date of possession or date of registry will be considered. Also, in such cases, how to calculate indexation. Such complications are plenty in under construction cases. I would like to request you to pls make a detailed video on cases involving under-construction flats. Regards
Earlier capital gain was calculated by indexation and that capital gain have to be re invested but now indexation option is only while paying taxes and not in calculating capital gain for reinvesting.
Thank you for the very informative video. Please help for the below: 1. 50lac of sold example that you say. Does it have to be single asset type only? Can it be combination of stocks, bond, property sold in same year? 2. Another question - Does it have to be sold all at once? Or anytime in the same year. For example, 25 lakh Rs stock sold in April 2024, 25 lakh ps some other stocks sold in July 2024? Thank you 😊
Hi.. this is a fantastic video. Question - if a parent transfers a property to their son / daughter through a “Gift Deed” and if the kid wants to sell the property soon after then will they be charged on STCG basis? Or LTCG considering the property wasn’t bought but simply transferred within the family?
Thank you so much for this information and guidance. But Sir in case of husband and wife joint residential property how can avail tax benefits. Please gude.
Kindly clear some points, 1. If I sold commercial shop. At 60 Lacs. Which I purchased in year 17- 18 at Rs. 30 Lacs. How much amount I hav to invest in bonds and which bond ( 54ec or 54f) . Thanks and regards
Hello Sir, Your videos are really helpful and very easy to understand but I have observed that most of your tax saving videos especially for salaried are explained with the high value of HRA i.e. 25% of CTC (Basic = 50% Of CTC). But majority of companies are not following New Wage policy resulting in Basic is hardly 24 to 30%. So considering that can you please design fresh video?
Great video. I have a query - Is exemption under Section 54F applicable on selling MFs and giving the entire amount received in MFs for Home loan advance repayment?
Hello Sir, In the video you mentioned if our property is purchased before 23-jul-24, we can avail indexation benefit to arrive at the taxable income. However, in the Excel calculator, the indexation benefit is given only on the property sold before 23-jul-24. I would like to clarify if the indexation benefit is applicable only to the properties sold before 23-jul-24 or if they are applicable to even to the property sold after 23-jul-24 (as long as it is owned/purchased before 23-jul-24)
Please give suggestions for residential property transferred due to the demise of parents. Originally property purchased in 1994, transferred to me after demise in 2021, now I am planning to sell in December 2024. In 1994 no CII
In this case cii will be 100 from 2001 But mostly in such case you may prefer without indexation because rates have increased far beyond inflation in last 24 years in general.
Sirji jo NRO hai unhe koi bhi investment nahi karnaa hai to kitnaa tax bharna padegaa unk ghr ko bechne kaa long term capitol gain tax kaise tay hogaa ?kyonki ye inherited property mili hai ?
All the banks offer you capital gain account but when it comes to closing the account after reinvesting the money the bank don’t support you instead they harass you to get signatures from income tax authorities which is a tedious job … can you please tell us how to close capital gain account in bank hassle free .
Sir, property sale amount direct Capital gain Account mai lena hai. Ya pehle saving account mai le ke phir Capital gain account mai transfer Kar sakte hai
One question: for gains adjustment if we direct sale proceed into a plot and then build a building on top of it; the entire cost I.e. cost of plot+cost of building construction will be allowable? Or just the building construction cost?
04 सितंबर 2009 मै, फ्लेट खरीदा था (Rs. 26,36,250) 03 जून 2024 को बेचा Rs. 64,25,000) ब्रोकरेज (Rs. 50,000) नेट सेल (Rs 63,75,000) 26/07/2024 को रजिस्ट्री हुई 1, ओल्ड रिजिम के हिसाब से... (90,938 का लॉस हैं ) 2, न्यू रिजिम के हिसाब से... (37,38,750 प्रॉफिट हैं) मुझे क्या करना चाहिए किर्पया बताये
Koi apna Agriculture Land Residential purpose me sale karta hai Sale se mile paise se Apne anya Jamin par house banakar Capital gain tax me Rebate milega ya nahi..
Nice explanation. I have a query. If I plan to sell my commercial property which was bought 20 years ago. How will the cost of acquisition will be calculated
It will be indexed cost of aquisition which would be cost of property 20 years ago to the base 2004 CII multiplied by CII of the year 2024 (if selling this year)
Regarding section 54F - (1) Is the sale of US stocks where I have LTCG also considered or its just applicable for LTCG on Indian stocks only? (2) The residential property where I am re-investing the sale proceeds should be ready to move or under construction(if yes, any time limit)? Thanks
Hello sir, Suppose maine apni property sale ki, 50 lakhs saving a/c transfer ho gaye. Tax save karne k liye maine 40 lakhs ki property purchase ki. Remaining 10 lakhs ko cash ki tarah use kar sakte hain kya. ? 10 lakhs par tax lagega kya..? Agar haan, to kitna...? Please reply.
Hi! We r planning to buy a house after 2 years. What can I do to get good return of my money now so that it helps to buy my future home. BTW I am in foreign country.
You have mentioned that the capital gains can be invested. Is there any limit. Supppse I invest Rs. 2 Crore in buying the property plus the cost of Index ed property which is equal to sale price, do I need to pay any Tax
Please clarify whether section 54 applicable for just constructed house/flat and not residential land? And is time period applicable for poosession or registry or bba?
नमस्कार सर, यदि एक मकान बेचने पर लॉन्ग टर्म कैपिटल गेन हो रहा है और वो मकान पति-पत्नी के नाम पर है तो आधा पैसा पति के अकाउंट में और आधा पैसा पत्नी के अकाउंट में लेने से क्या टैक्स की बचत हो सकती है?
Property holding period is for 24 months to qualify for LTCG, question is how this period is calculated? Is it starting from the possession date or the date reflecting in Index 2? My Index date is more than 24 months old, however got possession 2 months back. Will this be LTCG or STCG and why?
I have to 2 residential properties, one was purchased in 1991 for Rs 2.20 lacs. Second was purchased in 2013 For Rs 25.00 lacs. I want to sale New house to renovate old house. Can I get tax rebate in CGT for this purpose .
Sir, if I booked a apartment under construction, is that also considered under 3 years or only individual house construction is considered under 3 years?
I am retiring next yr at 55 with 3 houses paid off worth 4.5 million . One is my place of residence the other 2 properties will give me $80,000per/yr rent . I will have an income stream of $20,000 per yr through my super which gives me total $100,000 a yr to live comfortably . I have no debts
You have done great for yourself. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
Starting with investing may feel challenging, but focusing on passive income, like rental properties or REITs, can offer stable returns. Seeking advice from a financial advisor and researching high-demand rental areas can help you find investments that match your goals, ensuring future financial stability.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you
My CFA Julianne Iwersen Niemann, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.
All confusions are fully cleared.thanks a lot Sir. No confusion left now
Tip for anyone wanting to save tax from real estate income.
Instead of buying bonds at 6 percent returns, locking the funds and dealing with the government schemes, one could quite simply put all of that in FD at around 8 percent returns or even mutual funds at 10-15% returns. This should recover the tax you paid in 1-2 years depending on the amount. You also have access to the funds at all times in case of an emergency.
Small taxes can affect investment decisions such as whether to choose tax-free municipal bonds over taxable bonds or do a Roth IRA conversion. I’ve been sitting on over $745K equity from a home sale and I want to invest on the stock market, how do I achieve this without being taxed twice?
There’s more benefit to holding fixed-income assets in tax-deferred retirement accounts as opposed to taxable accounts. If you're not who understands strategies to invest in the market, seek a Financial advisor to guide you.
Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $886k tax free.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Gregory Leo Cattel” for about five years now, and his performance has been consistently impressive. He’s quite known in his field, look-him up.
he appears to be well-educated and well-read. I ran a Google search for his name and came across his website; thank you for sharing.
Nice narration. Can you please post the same in English for the benefits of Non-hindi speaking people.
You have covered the subject well. Thank you.
Thank you so much, आपने मेरी बहुत सी दुविधाएं सॉल्व कर दी
EXCELLENT VIDEO WITH FULL CLARITY.
Can you also make one video on LTCG tax when selling an asset hthat has joint or multiple holders.
Please give clarity by video on Capital Gains AC
CGAS Type A:(Savings ac)
CGAS Type B:
FD. What is the interest applicable, which banks, procedure and tips to withdraw part amounts when purchasing Residential property.
In your Excel Sheet, you have mentioned: "For Properties bought before 1 Apr 2001, enter Stamp Duty Value or Fair Market Value on 1 Apr 2001, whichever is lower". As per ITD Tweet, it is as per choice of the Tax Payer. Your feedback, please.
Please also add tax, capital gains breakup details on joint ownership in property
Superb explanation.... covers almost everything , so well...
Excellent delivery, great Yogi ji ❤
The best video on capital gain tax. You are just amazing.
Very good analysis. But I have a concern. If I am buying a new residential property by selling another one, then I have to pay GST, Under Table Charge and other many charges. So, paying tax. Now this new property will not get LTCG benefit. I feel this is a trap. It is better to pay the LTCG tax instead of investing in a new property. If someone wants to buy a property for very-long-term staying purpose, then it is ok. Otherwise ....
Right, Every thing depends on Personal Use of Money.
Hello sir please aap Puri banking system ko pda dijiye please for upsc students ke liye me banking system me bahut weak hu please
What about redevelopment property?when can be sell?& Purchase new residential house? what tax benefit will be there??
Can we off set short term capital losses carry forwarded from previous years with Short term Capital gains from sale of (property which was not held for) 2years
@@rajesh923
Sahi bat hai bhai....mai bhi
Plz made a video on sale of stocks for STCG where we can save tax on profit of STCG.
Wow really informative video! Section 54F was completely new for me👏
Sir I appreciate yourself for your knowledgeable video on above subject.
Thanks for great video. I have bought house in Feb 2024. I have some MFs, which I am thinking to redeem. This is purely for Tax Harvesting purpose. SO, How IT department check if I have invested that money in house property or not? I have outstanding loan of 50L now, do I need to pre-pay it with all the proceeds I get after selling my MFs? (for example, if I get 15L after selling MFs, do I need to prepay loan by that much amount?). Please guide.
Excellent narration sir
Good video, I have a few queries. 1. What is considered to be the date of purchase for under construction property, is it date of allotment or date of possession or date of registration. 2. Please advise if benefit under section 54 is taken, can a person also get benefit u/s 54F (through sale of shares) for the SAME property
This video is very useful if all content in this video is true and valid.
Some points are not clear:
1. Capital gains account scheme
2. Can I buy 2 plot after sale 1 property in exempt.
I have purchased a plot of non-agricultural land in 1990 by Rs.80,000. Now I have decided to sell that plot by Rs.10 lakhs. Circle rate of that plot is Rs.15 lakhs. Please calculate my actual capital gain tax figure , which I have to pay to income tax authority? Please also note that, trying my label best I couldn't find the circle rate or fair market value of that plot as on 01.04.2001. Now I want to pay the actual capital gain tax to income tax authority, so that no future problem arises. Please calculate my actual capital gain tax figure.
Very nice content as usual... since covid time you made me more n more financial literate...
Does your firm file tax return? If yes share details.
Very good analysis. Thank you!! I have however a very different question. Please help determine how capital gain tax is calculated if I sell the property now, when the residential property bought 10 years ago was not yet even given possession and followed a construction linked plan with 90% of total purchase value paid till date during first 4 years of booking . Appreciate if you can enlighten us
बड़े ही विस्तार से capital gain tax के बारे में जानकारी देने के लिए धन्यवाद। कृपया यह बताने का कष्ट करें कि मेरी बहन द्वारा 2001 में बनाए गये मकान के उनकी मृत्यु के बाद मई 2024 में मेरे नाम ट्रांसफर होने के बाद यदि मैं इस मकान को अभी बेचता हूं तो उससे होने वाली इनकम long term capital gain मानी जाएगी या short term capital gain?
Now it is common in the country to bring Agriculture land in urban areas for many developmental reasons ; in that case a person has to pay capital gain tax if that person makes profit or invest in other property as per guidelines.
Sir, I have been watching your videos regularly and find them very informative and provide good clarity. Capital gains in simple language is well explained in this video. However, complications appear in case of under-construction properties where no clarity is provided in section 54. Whether date of allotment, date of possession or date of registry will be considered. Also, in such cases, how to calculate indexation. Such complications are plenty in under construction cases. I would like to request you to pls make a detailed video on cases involving under-construction flats. Regards
Valid query which has not been covered so far.
Excellent information in very simple language, Thanks.
Earlier capital gain was calculated by indexation and that capital gain have to be re invested but now indexation option is only while paying taxes and not in calculating capital gain for reinvesting.
A video on how to save LTCG TAX please
Thank you for the very informative video.
Please help for the below:
1. 50lac of sold example that you say. Does it have to be single asset type only? Can it be combination of stocks, bond, property sold in same year?
2. Another question - Does it have to be sold all at once? Or anytime in the same year. For example, 25 lakh Rs stock sold in April 2024, 25 lakh ps some other stocks sold in July 2024?
Thank you 😊
Hi.. this is a fantastic video.
Question - if a parent transfers a property to their son / daughter through a “Gift Deed” and if the kid wants to sell the property soon after then will they be charged on STCG basis?
Or LTCG considering the property wasn’t bought but simply transferred within the family?
Thank you so much for this information and guidance. But Sir in case of husband and wife joint residential property how can avail tax benefits. Please gude.
Kindly clear some points,
1. If I sold commercial shop. At 60 Lacs. Which I purchased in year 17- 18 at Rs. 30 Lacs. How much amount I hav to invest in bonds and which bond ( 54ec or 54f) .
Thanks and regards
Thanks. If there is STCG on commercial property. Can I invest the amount in tax-exempt bonds.
Nice and informative video..... Well explained 👍😂
Hello Sir, Your videos are really helpful and very easy to understand but I have observed that most of your tax saving videos especially for salaried are explained with the high value of HRA i.e. 25% of CTC (Basic = 50% Of CTC).
But majority of companies are not following New Wage policy resulting in Basic is hardly 24 to 30%.
So considering that can you please design fresh video?
Thank you Sir...
Valuable knowledge...
Great video. I have a query - Is exemption under Section 54F applicable on selling MFs and giving the entire amount received in MFs for Home loan advance repayment?
Very good sir. Suppose without keeping the money in capital account statement, if we invested in some house property then is there anyway to save tax?
Sir good information please give about long term and short term capital gain save tax r invest which class share and gold house property
Hello Sir, In the video you mentioned if our property is purchased before 23-jul-24, we can avail indexation benefit to arrive at the taxable income. However, in the Excel calculator, the indexation benefit is given only on the property sold before 23-jul-24. I would like to clarify if the indexation benefit is applicable only to the properties sold before 23-jul-24 or if they are applicable to even to the property sold after 23-jul-24 (as long as it is owned/purchased before 23-jul-24)
Very clear explanation
Dear Mr Yogi, I have read on another sites there is a provision under Section 54EC is only for sale of land and building, so clarify it.
What about redeveloped building ? Is house after redevelopment considered as new property or is it liable for long term capital gain ?
Thanks for this great content but why didn't you take capital gain as 17 lakhs.
Superb explanation
Very informative content
In section54,we can purchase under construction property after 2 years witch OC will receive before 3 years from date of sale of original property
Better to pay the Cap Gain Tax n recover it by doing better investments... 5.5 -6.0% interest on CG scheme is too less...
Very valuable information thank you
Please give suggestions for residential property transferred due to the demise of parents. Originally property purchased in 1994, transferred to me after demise in 2021, now I am planning to sell in December 2024.
In 1994 no CII
In this case cii will be 100 from 2001
But mostly in such case you may prefer without indexation because rates have increased far beyond inflation in last 24 years in general.
What is provision for NRI
TDS rate
Capital Gain tax
Please reply
Can you also share how NRIs can save the tds on capital gain? Is section 54 applicable for nri also
Should We Investment without indexation or indexation benefit can be availed if invest in bonds ?
Good information.thanks sir
Very valuable information sir
Property sell ke bad kab tak capital gain account open karna hota hai?
Sirji jo NRO hai unhe koi bhi investment nahi karnaa hai to kitnaa tax bharna padegaa unk ghr ko bechne kaa long term capitol gain tax kaise tay hogaa ?kyonki ye inherited property mili hai ?
Can we invest the LTCG or STCG to save tax in pre-emi of home loan
Ola ke shar kharid sakte hain kya mukul sir ji, bataye details me🙏 please
All the banks offer you capital gain account but when it comes to closing the account after reinvesting the money the bank don’t support you instead they harass you to get signatures from income tax authorities which is a tedious job … can you please tell us how to close capital gain account in bank hassle free .
Is the indexation benefit not available while reinvesting?
Very informative. Could you please clarify whether OCI holders are eligible for 12.5% and indexation methods ?
Hello
Sir, property sale amount direct Capital gain Account mai lena hai. Ya pehle saving account mai le ke phir Capital gain account mai transfer Kar sakte hai
Very informative video. 👍
One question: for gains adjustment if we direct sale proceed into a plot and then build a building on top of it; the entire cost I.e. cost of plot+cost of building construction will be allowable? Or just the building construction cost?
Hello Sir Ji Pls 1 video For Diffrence between OLD PENSION vs NPS vs UPS 2024
04 सितंबर 2009 मै, फ्लेट खरीदा था (Rs. 26,36,250)
03 जून 2024 को बेचा Rs. 64,25,000)
ब्रोकरेज (Rs. 50,000) नेट सेल (Rs 63,75,000)
26/07/2024 को रजिस्ट्री हुई
1, ओल्ड रिजिम के हिसाब से... (90,938 का लॉस हैं )
2, न्यू रिजिम के हिसाब से... (37,38,750 प्रॉफिट हैं)
मुझे क्या करना चाहिए किर्पया बताये
Registration nd stamp duty bhi add up hoti hai indexation mai🎉
If sale value is less than current stamp duty value then which amount should be taken into account while calculating long term capital
gains.
Koi apna Agriculture Land Residential purpose me sale karta hai Sale se mile paise se Apne anya Jamin par house banakar Capital gain tax me Rebate milega ya nahi..
Nice explanation. I have a query. If I plan to sell my commercial property which was bought 20 years ago. How will the cost of acquisition will be calculated
It will be indexed cost of aquisition which would be cost of property 20 years ago to the base 2004 CII multiplied by CII of the year 2024 (if selling this year)
Regarding section 54F - (1) Is the sale of US stocks where I have LTCG also considered or its just applicable for LTCG on Indian stocks only? (2) The residential property where I am re-investing the sale proceeds should be ready to move or under construction(if yes, any time limit)? Thanks
Sir how to calculate Cost of Acquisition(CII Adjusted)??
Sir
Direct Tax Code (DTC) 2025 पर informative video बनाये please
Can we use this CG in Paying our Home Loan to get rid of tax ???
If I sell shares which attract STCG, can I offset capital gain it from buying residential property ?
Informative video
Very good explain sir
Hi can you plz help the definition of purchase property sale agreement or sale deed ?
Sir if a person sells their urban residential plot can they use the proceeds to purchase agricultural land in urban or rural?
Exemption Under 54F , is it mandatory to pay for new property from capital gain account. ?
Hello sir,
Suppose maine apni property sale ki, 50 lakhs saving a/c transfer ho gaye.
Tax save karne k liye maine 40 lakhs ki property purchase ki.
Remaining 10 lakhs ko cash ki tarah use kar sakte hain kya. ?
10 lakhs par tax lagega kya..?
Agar haan, to kitna...?
Please reply.
Can I use both 54 and 54F at the same time for different assets?
Hi! We r planning to buy a house after 2 years. What can I do to get good return of my money now so that it helps to buy my future home. BTW I am in foreign country.
You have mentioned that the capital gains can be invested. Is there any limit. Supppse I invest Rs. 2 Crore in buying the property plus the cost of Index ed property which is equal to sale price, do I need to pay any Tax
Sir if Date of agreement considered or posession letter to consider for 1 year before selling property.
Please clarify whether section 54 applicable for just constructed house/flat and not residential land? And is time period applicable for poosession or registry or bba?
नमस्कार सर,
यदि एक मकान बेचने पर लॉन्ग टर्म कैपिटल गेन हो रहा है और वो मकान पति-पत्नी के नाम पर है तो आधा पैसा पति के अकाउंट में और आधा पैसा पत्नी के अकाउंट में लेने से क्या टैक्स की बचत हो सकती है?
Section 54F applies on land purchase ?? or is it applicable only on flats or house purchase ??
Whether expanses and stamp etc allowed in cost of acquisition as of now
Great information
Then what is the difference between section 54 and section 54 ec in case of a property seller
Can I use the capital gains to pay the loan amount for the property bought 5 years back?
Property holding period is for 24 months to qualify for LTCG, question is how this period is calculated? Is it starting from the possession date or the date reflecting in Index 2? My Index date is more than 24 months old, however got possession 2 months back. Will this be LTCG or STCG and why?
I have to 2 residential properties, one was purchased in 1991 for Rs 2.20 lacs. Second was purchased in 2013 For Rs 25.00 lacs.
I want to sale New house to renovate old house.
Can I get tax rebate in CGT for this purpose .
Can we save capital gain tax after selling mutual funds and using the capital gain prepay our total home loan.
Sir, if I booked a apartment under construction, is that also considered under 3 years or only individual house construction is considered under 3 years?