How to Declare Capital Gain on Sale of Property | Adjustment of 236C

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  • Опубліковано 15 вер 2024
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    In this video you will learn about the declaration of Capital Gain Tax on sale of Immoveable property. It is also applicable on transfer of property. Capital Gain is gain that a person got when he sale his property with benefits. This benefit is called capital gain. In FBR income tax return, this capital gain has unique method of declaration.
    So this video will explain you the three step strategy to declare the capital gain on sale of property. Follow the step of this video to learn this method.
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КОМЕНТАРІ • 71

  • @liaqatnaveed9441
    @liaqatnaveed9441 Місяць тому +2

    Sale / Transfer of Immovable Property u/s 236C
    Not active in my Returns

  • @JDMian
    @JDMian Рік тому +3

    so easy way to teach and explaining the topics.

  • @All.kindvideo.0980
    @All.kindvideo.0980 Рік тому +2

    for your information
    236C fiscal year 2022 to 2023 4% for non ATL
    We submit return of 2022 to 2023
    6% in 2023 to 2024 tax 236C For non atl

  • @muhammadsalim6008
    @muhammadsalim6008 7 днів тому

    Exceptionally good video.
    1. First query: Is there any video in the light of Tax year 2024 on the same topic?
    2. Second query : In the third step "Gain" is to be entered against "Income Attributable to Receipts, etc. Declared as per Return for the year subject to Final / Fixed Tax" (code 7033). If there is already some amount in the amount column e.g., "profit on debt" against this code, SHOULD WE ADD this gain to that amount and enter the aggregate amount?

  • @muhammadsaad3836
    @muhammadsaad3836 2 дні тому

    Excellent video

  • @sajjadsaleem575
    @sajjadsaleem575 6 місяців тому

    Very Informative. Jazak Allah Kher

  • @jasonwalker9864
    @jasonwalker9864 6 днів тому

    details video b share kr dain k return kaisy file krni hoti ha as a tax consultant

  • @bluemoon8101
    @bluemoon8101 Рік тому

    Very very informative sir
    Agr loss py sale Kiya ho to usy kesy adjust kren gy????
    Mtlb 80 lac ki lee or 75 lac sale hoi to

  • @khurramnaik5097
    @khurramnaik5097 Рік тому

    Bhootkhoob.
    Easily n very beautifully explained. Thank

  • @waquasahm
    @waquasahm 11 місяців тому

    Plz make a video of adding capital gain on other assets like gold and car.
    Thanks

  • @advocatejaanachaudhary183
    @advocatejaanachaudhary183 Місяць тому

    MahshAllah sir bhot easy way main acha guide kiya JazakAllah khair

  • @niazkhan-j4f
    @niazkhan-j4f Рік тому

    so easy way to teach and explaining the topics.
    THANKS
    but sir what is cvt tax

  • @khalidramzan1650
    @khalidramzan1650 Місяць тому

    Sir.
    How to attach sale deed of plot. And previous ownership letter of plot

  • @malikmehfooz
    @malikmehfooz 11 місяців тому +1

    Please tell us which value of inheritance property should be entered in asset form ? If current market value entered than how should adjusted that amount with respect to income n Expenses?

  • @qamberali6742
    @qamberali6742 Рік тому

    Extremely well explained

  • @umairtaxconsultant1
    @umairtaxconsultant1 Рік тому +1

    Well explain

  • @miansaeed2001
    @miansaeed2001 Рік тому +1

    Bhai Upload the video of a lawyer's income tax return, waiting for a long time

  • @asifansary
    @asifansary 11 місяців тому

    Very informative video.

  • @obaidriaz-lq3rb
    @obaidriaz-lq3rb 6 годин тому

    Agr plot nhe tha blky us ki file thee... Aur 2 years SE uski file KO asset m show Kiya tha.. to Us py gain ya lose hoa ho... To usko keys declared krein gy?

  • @muhammadshaffiq7275
    @muhammadshaffiq7275 10 місяців тому

    Well explained 👏

  • @sharikmuhammad7823
    @sharikmuhammad7823 10 місяців тому

    What be treatment of capital gain in tax return in case property is sold after 10 years

  • @umarmuhammad9958
    @umarmuhammad9958 Рік тому

    Sir, Excellent !

  • @basitmahmood8164
    @basitmahmood8164 2 дні тому

    Is 236k refundable in capital gain calculations

  • @imk7646
    @imk7646 Рік тому

    Where to show the only residential house I have in my name? Will the same be shown in 7E also?

  • @MuhammadAmir-cg8ou
    @MuhammadAmir-cg8ou 11 місяців тому

    Very nice faheem sir

  • @TariqMahmood-ni8ob
    @TariqMahmood-ni8ob 20 днів тому +1

    Dear sir, sale/transfer immoveable property men 1st cell grey kion ha aur entry ni ho rahi while tax input Wala cell edit ho Raha ha, please explained why it is not accessible.
    Regards

  • @NajamSheraz-t5n
    @NajamSheraz-t5n 8 днів тому

    Sir Aik shop mujhay walid sb say warasat main mili thi wo main nay 55 lacs main sale kar di 2 maheenay kay baad. Ab main shop ki cost kia likhoon ga: zero ya fair market value jo is waqat thi....aur is pay CGT kaisay calculate ho ga?

  • @Mazhar.Ali1
    @Mazhar.Ali1 9 місяців тому

    Capital gain wealth mein i think gain walay tab mein ayegi not in final fixed?

  • @Naveedanwartanwari
    @Naveedanwartanwari 23 дні тому

    Debt Code (7007) men agriculture property show ki ab instalment complete ho Gai hen per property cnic py registration nahi hui only stamp py ha to ab agriculture property kis code men entry Hogi ..

  • @junaidbashir70
    @junaidbashir70 Рік тому

    So good video

  • @ShakeelAhmad-mq9do
    @ShakeelAhmad-mq9do 8 місяців тому

    Agar koi gain na ho to kia return may incorporate karna lazmi hai.
    236 c ka refund kis tarah milay ga is case main ya phir refund claim hi na karain plz guide

  • @muhammadaamirilyas2252
    @muhammadaamirilyas2252 2 місяці тому

    Respect Sir , Its been very helpful video for me and for other for sure. i have 1 querry . my client bought an property whose fbr rate was 10.8 lacs. and in actual she paid 70 lacs for it . today the fbr rate is 11.4 lacs (according to last update) . and we have a client who paying 1.1cr for it and its from bank finance. the question arise whats the amount to put in capital gain. fbr (fair market ) rate difference or actual agreement price . please lead

    • @Legalversity
      @Legalversity  2 місяці тому

      Brother You should enter the value of sale that is a documentary evidence. Whatever written on documentary evidence write that value.

  • @shaistahayat5017
    @shaistahayat5017 Рік тому

    Sir commissionare approval reject q hota h,ispe video bna de kindly.

  • @miansaeed2001
    @miansaeed2001 Рік тому

    Good information bhai

  • @kdft9875
    @kdft9875 Рік тому

    Very well explained. Easy to comprehend. To the point. Great work. Thanks.
    I have one query.
    In Adjustable Tax the receipt value of plot is automatically shown along with tax collected under 236C. But the value of plot at which it was sold was double than the DC value. Now if we change the DC value in the return tax amount also change. Should we let it like this and in the gain give actual value at which sold. Or if you could kindly give the correct way of mentioning. Thanks

    • @Legalversity
      @Legalversity  Рік тому

      You should focus on the sale value whether its DC or something else. The sale value amount is considered.

    • @kdft9875
      @kdft9875 Рік тому

      @@Legalversity Thanks for so quick response. 💐

    • @mjmasood6457
      @mjmasood6457 2 місяці тому

      اسی لاکھ کیوں لکھا ساٹھ نہیں لکھنا چاہیئے تھا. ایڈوانس ٹیکس تو ساٹھ لاکھ پر دیا تھا. بتا دیں.
      مہربانی

  • @LIGTrade
    @LIGTrade 11 місяців тому

    In capital gain why we put data in exempt?

  • @sheerazahmed2689
    @sheerazahmed2689 5 місяців тому +1

    Property 2006 ki thi or aap nay return 2023 mai jama Kiya 2006 mai 2 million ki thi ab wo 8 million ki hai to ye jo 6 million k gain hai is p koi tax hoga nahi q k 15 years baad sale ki hai please explain.

    • @Legalversity
      @Legalversity  5 місяців тому

      Dear brother is video men complete explain kia Huwa he. Holding period k lehaz Sy different taxes on different years of holding.

  • @safdercma2957
    @safdercma2957 Рік тому +1

    If property sold and tax deduction on DC value then if we show sale at actual price, is any issues from FBR

    • @Legalversity
      @Legalversity  Рік тому

      Dear brother Apki sale deed par jo value ho gi wohi conaider hogi

  • @dagnypsaga
    @dagnypsaga 11 місяців тому

    Bhai 60 lakh jo value show ki thi purchase kay time usko delete kardiain gay to 60 lakh ko kahan lay kar jain gay 20 to show kardia baki 60 cash batain gay ? Wo aap skip kar gaay hain.
    Aor reconciliation sheet main aap nay kaha fixed and final main add karain magar wahan to income declare ki jati hai to kya ham issay inflow main tab add kar kay bata saktay hain. Plz bata dain. Thanks

  • @asmarafiuddin5862
    @asmarafiuddin5862 Рік тому

    Lended amount Kahan mention krna hoga

  • @khurramnaik5097
    @khurramnaik5097 Рік тому

    Can u also explain the capital gain and loss presentation in income statement and wealth statement. Thanks

    • @Legalversity
      @Legalversity  Рік тому

      Dear to ye video jis k neechy comment kia he ap ny ye kis bary men he?

    • @khurramnaik5097
      @khurramnaik5097 Рік тому

      Relating to sale of share in stock market with particular reference to carry forward losses. Thanks

  • @LIGTrade
    @LIGTrade 11 місяців тому

    If there is gain loss? Then?

  • @usmanafzal2290
    @usmanafzal2290 Місяць тому

    ❤nic

  • @khubaib333
    @khubaib333 Рік тому

    سر ایک سوال پوچھنا تھا
    گزارش ہیکہ پنجاب میں زرعی انکم ٹیکس جمع کروانے کا طریقہ کیا ہے؟
    کہ فارم 32 اے میں کونسا ہیڈ اور کونسا اکاونٹ نمبر لکھنا ہے ؟راہنمائی فرما دیں، شکریہ

    • @Legalversity
      @Legalversity  Рік тому

      Dear agriculture income tax return wali video dekhen

    • @khubaib333
      @khubaib333 Рік тому

      @@Legalversity مہربانی فرما کر لنک شیئر کردیں

    • @khubaib333
      @khubaib333 Рік тому

      میں نے آپ کی agriculture income tax return والی دونوں ویڈیوز دیکھی ہیں ان میں یہ نہیں بتایا گیا کہ فارم 32 اے میں اکاونٹ اور ھیڈ کونسا لکھنا ہے
      مہربانی فرماکر یہ بتا دیں کہ فارم 32 اے میں اکاونٹ اور ھیڈ کونسا لکھنا ہے شکریہ @@Legalversity

    • @Legalversity
      @Legalversity  Рік тому

      @@khubaib333 ye apko wo institute bata dey ga jiska tax ada krna he apny.

    • @khubaib333
      @khubaib333 Рік тому

      میں نے خود کا ٹیکس ریٹرن فائل کرنا ہے اس میں زرعی ٹیکس اداء کرکے ٹیکس ریٹرن میں ریکارڈ کرنا ہے
      آپ نے باقی سارا طریقہ بتایا ہے اس لیے آپ سے پوچھا تھا یہ بھی بتا دیتے تو مہربانی ہوگی@@Legalversity

  • @mahmoodulhassan7985
    @mahmoodulhassan7985 Рік тому

    Sir gp fund and cumute ki rqm normal tax return ma kese add krte han Keh unconcilled amount adjust ho ske. Plz

    • @mahmoodulhassan7985
      @mahmoodulhassan7985 Рік тому

      JB ma itax return ma direct account ma show krta Hun to t Pura 6000000.00 unconciled ma Chala jata. What should I do to enter in return. And is it possible that I send the pics of our return to adjust the entry in the exact column/place

  • @sariaghani5685
    @sariaghani5685 Рік тому

    CAPITAL GAIN PAR JO TAX PAY KYA HAY.....WO PERSONAL EXPENSES BOX 7052 (RATES, TAX, etc) MEIN SHOW KAREIN GEY????IS KE BAREY MEIN NAHI BATAYA.....

    • @sheerazahmed2689
      @sheerazahmed2689 5 місяців тому

      Bilkul rate and taxes mai aye ga wo aap ka expense hai.

  • @ShakeelAhmad-mq9do
    @ShakeelAhmad-mq9do 8 місяців тому

    Agar pehay property declared na ho or wo agri return filling say pehlay sale ho gy ho to phir kis tarah show karain gay

    • @Legalversity
      @Legalversity  8 місяців тому

      Dear brother Property sale kr k wo amount jis purpose men lagai e us head men bataen.

    • @ShakeelAhmad-mq9do
      @ShakeelAhmad-mq9do 8 місяців тому

      Dear Sir
      This was a disputed properly since our forefathers. In this only tittle is transfered without any sale proceeds. Tax under section 236 C also paid by them
      Which is now reflecting in fbr portal in my name. How to deal

    • @MaherAdil
      @MaherAdil 2 місяці тому

      Ye point smjh ni aya apka. Thora detail mai bta skte​? @@Legalversity

    • @ShakeelAhmad-mq9do
      @ShakeelAhmad-mq9do 2 місяці тому

      Sir Tittle transfer huay hay ko sale proceeds receive nahi Mili sirf dispute ko resolve kia hai
      It's just a paperwork without any consideration received.
      Now since tax under section 236 c paid at the time of transfer which is reflecting in the adjustable tab how to deal the situation?

  • @ziacompany8023
    @ziacompany8023 Рік тому

    👍

  • @himmatshah93
    @himmatshah93 4 місяці тому

    😮😮😮😮❤❤😮😢😢😮