CII apko ques me given hoga normally.. You just have to find the indexed cost of Acquisition. Jese manlo ki apne 1 asset 2010 me liya tha for 1 lkh uss time CII was 100 (approx) or sell apne 2021 me ki iss time CII was 150 (approx) This means that inflation has increased by 50 percent( 100 to 150 cii) So you cost of Acquisition should also increase by 50prcnt ...so 1 lkh will become 1.5 lkh
Sir, so thankful to you for such a clear advice on my doubts. I have one more query,if possible pl give advice on this also: In Oct 21my wife purchased a flat and in June22 we sold a flat,which was joint on my and my wife's name.In my earlier returns I have shown her share 10%. I want to know whether she will get capital gain exemption u/s 54f for the flat purchased in 2021,if yes then how to distribute her 10% share of LTCG as far as I know there is no scope for share distribution of CG in return form. Regards
You cannot claim exemption u/s 54F as you have LTCG from sale of a residential house...In your case exemption can be claimed u/s 54. Further, your wife will get the exemption u/s 54 as the flat was purchased by her. For example from sale LTCG earned was Re.10,00,000 and her share was 10% in the sold flat then in that case she has to invest 100000 in purchase/construction of a new residential house which she has already purchased in Oct 21, so she is eligible to get the exemption.
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sir agr improvement short term mai ha 2001 se phle fer v ignore kra ga ya fer sirf long term vale case main?
Very nice explanation sir
Thanks 🙂
Thnku so much sir ..🥺u are a gem 💎 sir..❤
Welcome 🙂 and Thanks 😊
🙏🙏 thank you sir
Welcome 🙂
Thank you so much sir
Welcome 💫🙂
agr fair market value na de rkhi ho or vo assest 2001 se phele purchase kiya gya hai to us case me index cost of acqusition kaise nikalenge
Question me diya rehta h..but na diya ho to jis value par purchase kia use hi assume kr lenge cost
Nice explanation sir👌👌👌👌
Thank You 🙂
Thanks buddy ❤️
Welcome 🙂
I show your video on stcg and ltcg pl clear and explain proof of document of cost improvement or expenditure of commission is required or not...
Yes it will be required
🙏🙏🙏🙏🙏🙏
💫💫🙂
Sir, what will be for SWP?
You have invested in Debt or Equity fund?
Cii kse lena hai smjh nhi aaya
Confusion h
CII apko ques me given hoga normally.. You just have to find the indexed cost of Acquisition.
Jese manlo ki apne 1 asset 2010 me liya tha for 1 lkh uss time CII was 100 (approx) or sell apne 2021 me ki iss time CII was 150 (approx) This means that inflation has increased by 50 percent( 100 to 150 cii)
So you cost of Acquisition should also increase by 50prcnt ...so 1 lkh will become 1.5 lkh
Sir, so thankful to you for such a clear advice on my doubts. I have one more query,if possible pl give
advice on this also:
In Oct 21my wife purchased a flat and in June22 we sold a flat,which was joint on my and my wife's name.In my earlier returns I have shown her share 10%. I want to know whether she will get capital gain exemption u/s 54f for the flat purchased in 2021,if yes then how to distribute her 10% share of LTCG as far as I know there is no scope for share distribution of CG in return form.
Regards
You cannot claim exemption u/s 54F as you have LTCG from sale of a residential house...In your case exemption can be claimed u/s 54.
Further, your wife will get the exemption u/s 54 as the flat was purchased by her. For example from sale LTCG earned was Re.10,00,000 and her share was 10% in the sold flat then in that case she has to invest 100000 in purchase/construction of a new residential house which she has already purchased in Oct 21, so she is eligible to get the exemption.
You can also get the exemption on the Capital gain on your share i.e., 90% by investing the same in a residential house.
@@SameerPandey thanks to correct me pl.
@@SameerPandeyOK, thanks sir.