How Calculate Capital Gain | पूरा Tax माफ़ होगा ऐसे ? Circle Rate से कितने कम पर ख़रीद सकते हैं | CA
HTML-код
- Опубликовано: 9 окт 2021
- How compute capital gain if property purchased and sold lower than Circle rate. Importance of Circle Rate.
Have Any Queries Call/WhatsApp On
+91 9319333248
+91 8851223067
Link of Other properties Videos Must watch.
• Home Loan Eligibility ...
Sir, you have explained in a very explicit way. You deserve appreciation for this.
Sir, we few senior citizens time and again requested you to upload a video as to how to prepare 10E for exempted (Tax Free) Arrears as follows recd. after one year of retirement :
1. Arrears of Leave Encashment (tax free)
2. Arrears of Gratuity (tax free)
3. Arrears of Commuted Pension (tax free)
4. Arrears of Compensation (tax free)
Whether the ememption of these ca be taken in ITR under Section 89 or 10
Or 10E is must to get exemption.
We have already sent you full details of income for FY 2021-22 of our colleague brother.
Please guide, help and co-operate now. You have already assured us that you are preparing the same. Hope our request shall find a priority now. God bless you. Kind regards.
1)LLP company kaise chalate hai?
2)mujhe llp company banani hai lekin company run kaise hoti hai?
3)company owner apni kamai company se kaise leta hai?
Please, sir ispar urgently video banaye.
Very useful information thankslott.
Good description given.Compliments Sir.
Thanks for advice
Excellent analysis of property tax 🎉🙏🪷🙏
Thanks for appreciating keep supporting and sharing videos
मेरी माताजी ने उनका मकान मुझे गिफ्ट कर दिया, इस पुराने मकान को तुड़वाने के बाद नया मकान बनाना चाहता हूं इस कार्य के लिए capital gain a/c की राशि का उपयोग कर सकता हूं
You cannot avoid two things in life.
1. *Death*
2. *Taxes*
Sir plz make us learn how to calculate capital gains.of land and building bought and constructed at different period..and sold togather..and hw to save under section 54
Next week sure
Thanks for educating
Sir very good information. Keep it up.
Thanks dear keep supporting
What is the capital gain from 🏠 property.. residential..is it capital gain or tax on capital gain..ie after 20 percent?
Sir, I bought a new property by taking a loan. After that, if I sell my old property, can I clear that loan? Will I have to pay capital gains tax on that too? Can you give me any information in this regard also?
Whether Rebate u/s 87-A is available on Capital Gain Income. As also exemption u/s 80-C, 80-D, 80-G etc. are available fron Long Term Capital Gain Income.
On special rate no such deductions available
However basic limit 250000 apply
Mutual fund and share sell value will be considered as income over and above capital tax gain
Sir what About Urben Agriculture land
Need to pay Capital Gain Tax ?
On it Also ? It's under muncipal corporation range for stamp duty calculation
Yes
Wel explained Sir!
Sir aapke samjhane ka tarika bahut accha hai
Sir,
Please advise -
what amount should deposit in capital gain a/c by selling flat in year 2023 ,( bought in 2015)
1) Full sale value,as per sale deed
2) only capital gain amount, after calculation
please explain LTG. for equity shares
Property purchased in 2014 at circle rate of 40 lakhs. Sold in 2022 at current circle rate of 60 lakhs. What treatment to capital gain tax will be given? Hope to hear from you.
40 lakh ÷240*331=55 lakh
5 lakh long term capital gain
5 lakh *20%=1 lakh tax
Good Work
Wow best guidance
What if market rate is 85% higher than circle rate?? Who should address this? Rules should be made in such a way that market rates and circle rates should be close enough
Very good presentation thanks
अगर इस (SDV)टाइम ड्यूटी वैल्यू आपकी (sale consideration) सेल कंसीडरेशन से 10% ज्यादा है तो उसके बीच का जो डिफरेंस होता है उसको अपनी(income from other sources) अदर सोर्स आफ इनकम में दिखाया जाता 56(2)x है अगर हमारे पास स्टैंप ड्यूटी वैल्यू (SDV) की जगह वैल्यूएशन रिपोर्ट (valuation report)का अमाउंट लगाया जाए जो( SDV) टाइम ड्यूटी वैल्यू से कम है क्या वहां पर वह सही होगा?
At present in small town your property will not fetch circle rate in old spartment
नमस्कार सर
मैंने 11 मई 2014 में एक प्लौट 645000 में खरीदा था 10310 रजिस्ट्री आदि का खर्च हुआ
4 जनवरी 2021 को 1887000 में सर्किल रेट पर बेचा
कैपिटल गेन कितना होगा, व इनकम टैक्स कितना देना है
1887000
Hello sir
I m regularly following your useful videos on WhatsApp.
I have only 1 question ??
As in this example in this video - u have told if the stamp duty value is rs 68Lac & sale consideration amount is 60 Lac then the buyer have to add the difference of rs 8 Lac in his ITR as income from other sources & tax will be levied as per tax slabs.
But what implications will be on buyer if the difference between the sale consideration amount & stamp duty value is Less than 10%.
Lets say sale amount is rs 60Lac & stamp duty is rs 65Lac in your example.
Regards
बहुत अच्छी jankari
Registry officer kam Circle rate par registery he kyu karega ....wo toh mana kar dega registery karne se
They can do
They check only stamp duty paid on stamp value or not
Easy clear ...demon..thnx.😊
E-return file of three yeats, how to do by myself?
I made capital gains from the sale of my residential property on FA 23-24, and I am currently in the process of purchasing a new residential plot for construction. Am I allowed to open an LTCGS (Long Term Capital Gains) account after July 31 but before December 31, and subsequently proceed with filing an ITR?
Expert CA Sachin ji .
Very goood VDO for knowledge
to shale & Purchage of property.
regarding Income TaX .
with thanks
Thanks dear keep supporting
LTCG 60 L ( FVC 100 L )
Can I invest as under to claim full 60 L exemption
1. Residential house 1st 30 L
2. Residential house 2nd 15 L
3. Tax saving Bonds REC 15 L
Section 54f ke ander...ltcg bachane ke liye pura paisa ek he property mein invest karna hota hai
Very nice knowledge given
Circle rate means ? Govt Valuations rate in the particular location ?
Yes
Thanks
Sir can capital gain from plot sale(june2022) be used to pay home loan(taken in may2019).
I purchased a 342 sq yd plot in Gurgaon on installments for R1.5 lakh in 1983. Last installment was paid in 1989. But possession of plot was given to me in 2001. Now I want to sell the plot. Gurgaon Circle rate is R50000/sqyd. Market price of plot is R4 crore. How do I calculate indexed cost of plot and capital gain. Please advise.
Contact on 9319333248 I need paper and discussion for gain
Sir, who will bear the stamp duty registration expense for the sale of Residential Flat? Buyer or Seller? I plan to sell my residential flat in Jharkhand and shift to Kolkata.
Always buyer
Very informative video
How to file ITR on compulsory acquisition of land and property by government and deduction an amount as TDS on sec 194la
SIR. IF A PLOT SOLD IN 1 CRORE. WE BUY A FLAT IN 50 LAKHS. THEN CAN WE BUY CG BONDS OF NHAI WITH BALANCE 50 LAKH RUPEES TO SAVE TAX. CAN WE MIX BOTH TYPE OF INVESTMENTS TO SAVE CG TAX. PLEASE I BUY THE FLAT ON MY NAME + MY SON NAME. THE SOLD PLOT WAS ON MY NAME ONLY.
DO WE HAVE TO BUY PROPERTY + CG BONDS BEFORE 31 MARCH OR BEFORE 31 JULY ( date of filing ITR ). PLEASE MAKE A SPECIAL VIDEO ON SECTION 54 F WITH ALL THESE POINTS.
Good explanation, keep it up!
I am selling my cooperative society membership to a builder who pays me in instalments, how shd I calculate the LTCG and what can I do to save some tax?
I need discussion dear so drop ur no on expertcasachin@gmail.com
धन्यवाद बहूत अच्छा समझाया है,मगर सामान्य आदमी को यह ज्ञान बिल्कुल नहीं होता है.
Very clearly describe
Please tell how and from whom, can I know the circle rate and consolidated value based on circle rate of my property ?
Contact to your local dealer or advocate
@@expertcasachin are super Sinior citizens exempted from capital long term gains in tax
Sinior
Really Very Good
Nayi under construction property ek saal pahle home loan leker purchase ki. Possession agle saal mil jayega. Abhi old residential property sell ki hai. Jo amount mila, home loan prepayment kiya. Kya capital gain ki liability ab to nahi.
Sir, under which head the under mentioned income will be assessed. can deduction can be claimed treating it as capital gain.
'income from sale of residential property situated in unauthorised colony where registry is not allowed, sold through Power of attorney
very usefull information
Excellent , useful information. Thanks
खेती की सर्किल रेट को रेवेन्यू विभाग के अधीन है।
Please guide me what does it actually mean:
Resident Indians between 60 to 80 years of age will be exempted from long term capital gains tax if their annual income is within Rs 3.00lac.
Then how much amount is exempted in respect of long term capital gains for sale of property in the above perspective as it is also quoted somewhere that income tax will be exempted on short term capital gains on sale of property if the profit
( or total taxable income) stays within Rs 3.00 lack.
Thank you.
Bhut Badiya Dear 👍👍
Thanks Sir.
If i sale my agricultural land in rural area for 50 lakh and the actual value of that land is 20lakh (value decided by state govt during regestration) .what will be the tax for remaining 30 lakh and how can i show the source of income for that 30lakh
Selling property floorwise will consider as single sale or multiple sale??
All the floor sale deeds was executed on same day
Sir, from where can I know/ get the CIRCLE RATE of my locality? Who is the Authority to tell me the CIRCLE RATE? Which is the office locally?
Contact near registry office or property dealer also can provide
@@expertcasachin Sir, I am a Civil Engineer and an ordinary person. I don't know of ABCD of Accounts. I am an ardent follower of yours. I have seen this "Tax on Capital Gain on House Property Sale" atleast 15 times to understand the entire case. Then I consulted my CA, Property Lawer about the tax impact on these cases (without disclosing your inputs in the your this video)! Believe me, they are not aware of all these minute details of Capital Gain from house sale. Your this video is mind blowing. A BIG THANK YOU!
Father sold property can further property investment may be done by son or wife in their name to save capital gain on property which father sold
Govt allows 10%, if a property is regd at 50 lacs at circle rate and the other registers the similar property at 80 lacs then what about 10% difference
Construction ❌️
Contruction ✅️
How I know the circle rate of the property, where I wanted to buy.
Pl intimate which date should be considered date of acquisition payment date at the time of Agreement or date of sale deed.Full payment was made on22/7/15 and sale deed was executed on 19/10/19.
Good explanation and a sincere effort to educate the commonmen
Thanks sir keep supporting
आई@@expertcasachinfct जी🔥 देt
Sir, Do I need DEMAT account to buy 54EC bonds to save my capital gain income from residential plot sale?
No need
Sir, my owner want to sell his property urgently, but due to high circle rate we are not able to buy it. Also no buyer is ready to buy that property even at 30% down the circle rate. how to solve this , so that seller can sell it even at lower rate and use that amount where he needed.
he is currently working outside india.
Is there any solution?
Yes contact us on 9319333248
How much to..invest..in bonds..or new 🏠..capital gain or capital gain tax..after capital gain
Sir, what is the difference between circle rate and market value .
Nice information sir thks
In case of flat purchsae, if I have not done Registry then what would be considered as date of purchase ? Will it be the one mentioned in possession letter.
Please confirm.
Thanks
Yes possession date
@@expertcasachin Thanks...Can I save tax if I sell house after 1 year and buy a new one in few months after sell as it is a short term gain ?
Need discussion dear only can advise
Contact on 9319333248
But the value is less it will not sell on the circle rate
Sir circle rate 10 lac sale consideration paid (bank) 12 lac then stamp duty 10 lac par hogi ya 12 lac par.
I purchased 2 shops in 2009 and builder delayed the project, after court order builder returned my money with 8% interest in 2023, whether interest income will come in capital gain? Pls clarify how to get exemption from tax.
Good information. Very awkward names taken as sample
Sir agreement me 2 lack dhur ke hisab se 5 dhur jameen ki bat huwa, but saller 4 dhur jameen hi ragistry kiya, hamne 8 lack de diye 1 dhur nahi dene par 50000/- Rs ka check drop kara diye, but ham registry me 4 dhur jameen ka kemat 395000/- par aur sanrachna ka kimat 2,70,000/- Rs circle rate ke hisab se entry hai, jabki agreement me 31 march 2022 tak sanrachna tor ke hatane ki bat huwi, registry 21-09-2021 ko huwa, saller ke name se hi jameen hai,aur saller ka son registry me sanakhat hai, hamne 15 January ka check 50,000/- diye the 13 January ko hi Bank se stop kara diye ,ab saller ki wife 22-01-2022 ko dakhil kharij me aappti laga kar cancel 16-03-2022 ok kara di, please suggest me agreement ke hisab se registry me amount nahi hone par kya nuksan hoga 🙏🙏
stamp duty bachane k liye agreement se kam pe stamp duty value pe registry kiya toh kaunsa full sale consideration consider hoga ?
Circle rate
Capital gain telief on construction of residential house ke liye sales consideration date se 3 years ka period hota hai construction complete karne ke liye.
Covid ki wajahase isme period ko 3 salse aage badhaya hai kya?
Bhai you have discussed only registry and taxation . You should start from scratch. How capital gains is calculated and how to save it .
Sir gifted property after 10 year sell kerne
per capital gains kesse calculation hoga. Pls suggest..
Need discussion and paper for proper advice contact on 9319333248
शहरी क्षेत्र की कृषि भूमि बिक्रय से प्राप्त केपिटल गेन को किस तरह से समेजित करे इस पर भी वीडियो बनाये
क्या उस आय से कृषि भूमि ले या अन्य कोई प्लाट मकान आवासीय ले सकते है
Noted
Sir ,how should I purchase a property of above 50 lakhs for my son in future ,without getting IT notice
Hello sir , apne bahut achchhi jankari di uske liye apka bahut bahut dhanyavad ! Sir, main aashiyana society me ek flat under construction kharid rahi hun. Jiski booking maine August 2021 me karaya thi aur jo March ya april 2022 me mujhe mil sakta hai. Jiska lagbhag 90 % payment main cheque tatha RTGS dwara kar chuki hun aur uski rajistard sale deed bhi ban chuki hai jo mere paas hai. Sir, main janna chahti hun ki mujhe to Capital Gain nahin bharna padega. Please shighra batane ki kripa karen.
क्या रेजिडेंशियल प्लॉट को बेचने पर प्लॉट ही खरीदना पड़ेगा या दुकान भी खरीदी जा सकती मैंने रेजिडेंशियल प्लॉट 15 लख रुपए का और अब उसकी कीमत एक करोड रुपए है दुकान खरीदना चाहता हूं क्या मैं दुकान खरीद सकता हूं और और कैसे टैक्स बचाया जा सकता है मैंने यह प्लॉट 2009 मैं हरियाणा शहरी प्राधिकरण विकास द्वाराalloted हैl
Sir we are going to sell property
Sale consideration 10000000
110% of sale consideration 11000000
Circie rate 80 00000
Stamp duty value 11000000
Index cost 2500000
Capital gain tax is to be charged on 10000000 or is to be charged circie rate. 8000000 please advice me
I need discussion and paper for proper advice contact on 9319333248
Please suggest who can help to do the property valuation. Recently we have sold the property for itr and we need FMV for capital gain
We are registered firm under income tax we can do contact on 9319333248
An old gifted house in 1958 has been sold in Jan 22 how to calculate capital gain tax value to be disturbed within 4 persons
Contact on 9319333248
Thanks for the kind information
Sir, I appreciate your efforts about tax saving. But as of today what is your opinion on 2000 notes
Please clarify whether more than 50 lakhs can be invested in bonds if more than one property has been sold in the FY
No
maximum in a year is 50 lac
What importants of today in 2024 ?
हमारी कुछ प्रोपर्टी है जो हमारे वडिलो ने इनकम टैक्स रिटर्न्स मे कभी दिखाया ही नहीं है, ये प्रोपर्टी ली हुई है चेक देकर यानी एक नंबर की ली हुई है, अब ये भविष्य में बेचनी है या तो इन्कम टैक्स रिटर्न्स में दिखानी हो तो कैसे दिखाए
Sir during 21- 22 for a short period of 3 months the variance was increased upto 20%. Was this applicable to all properties including non agril land
No
, Sar bahut acchi Jankari aap de rahe hain many many thank you
Sir ek batpuchni thi ki agr cash dete h to sighn b to krate hone koi agr proof hojay han to tbhi to koi tex lgega ya nhi plz tell me
मकान की जमीन की रजिस्ट्री बीबी के नाम पर है और उसपर बना हुवा मकान बीबी और शोहर के नाम पर हुवा और लोन में शोहर coborower है तो प्रॉपर्टी बेचनेपर पैसा दोनों के पास आएगा की सिर्फ बीबी के पास आएगा?
Dono ke pass in ratio of registry
capital gain tax on sale of shares ? please guide.
2018 main we purchased a property and 2019 we sold out 15 Yr old property, so the one we purchased in 2018 , can we get benefit of capital gain tax on the same
Yes but check date exactly for one year