The amount of tax saved can run into crores also if the capital gains on the asset so sold were higher. Regardless of whether the tax that can be saved in your specific case is low or high, you should save it since it would take minimal effort and save you a good amount of money. To submit queries which you want me to answer by way of a video, use the google form link given below:- forms.gle/MWxRzopRh3JHi3SAA Happy learning ❤
Bas itni expertise Leni hai taxation ki. Sir I'm left with 3 subjects of group 2 CA final. Hopefully will become CA soon. I want to pursue taxation field as my main career field where I want to be expert and keep it up as long as I can throughout the life. Please provide any guidelines for any particular materials or company i could go and learn taxation practical cases !
He doesn't have that much time to answer each and everyone's questions....In the end he takes CA inter classes also, manages yt, and answers students queries etc. It is not as simple as u think btw what's your Question?
@ajityadav7555 in this video he specifically asked to fill out a form so he could review and respond. I'm not expecting him to answer it on video but looks like you're a CA and up for a challenging question. Where can I send it to you?
Sir I have a doubt ,as u said the person in the example is buying his first house without selling any LTCA then there is no LTCG arises and there is no need to reduce LTCG?
@@commercespot1763nhi dena hoga* If at all you give anything as Advance than it shall not be out of the purview of 7(2) r.w Sch3 which talks about exclusions from Supply, accordingly GST shall be levied.
Indian person outoff jaake business krta he ya business ko Dubai ya other country me register krwa ke India me products sale krte he to kiya tax or gst lagega to espe detail me video bana ke bataye naa
Sir you said if parent have gold which was purchased 10lakh. If we don't have any bill or proof of purchase price. Then how we will get purchase price. And how income tax department verify this person purchase this asset at what that is declared by the assesse
But sir Cap.gain.hi bachana hai to why assessee will go with 54F vo 54 me leskta hai 54F me jayega to sara him paisa invest krna pdega ...and 54 me jayega to keval gain jitna hi invest krna hga ..rest khin aur invest krskta hai 54E leskta hai
54 me Residential House property bech ke saamne House property lo toh hi 54 applicable hai.. Idhar Long Term Capital Asset(jewellary) becha hai aur uske saamne house property liya hai toh 54F applicable hoga..
Ghar bechkar ghr kharida to 54 me exemption le skta. But unke pass ghar ya koi residential prop. Nhi hai n. Isley 54f me exemption lene ki baat ho rhi h jisme aap koi bhi asset other than residential property bechkar exemption le skte
Sir kabhi kabhi aapko dekh ke dar lagta hai ki yar ham kya hi kar rahe hai aapni zindagi me means we literally have very less knowledge if compared to you An average ca inter student 😅
Bhaiya actually i passed ca foundation 2022 in first attempt after that faced many issues like health etc and many months got wasted even i have skipped nov23 attempt and i desparately want to pass both group in may24 and only 1/3rd classes are completed what to do losing hope and cant study due to this plz provide some advice .. till when one should complete classes and minimum revision time and how many classes per day .
Hello bhai...I am a ca final student and here is your answer You should complete your classess at least 3 month before the exam Revision number at least 2 times And no limit for number of classes jitna aapse ho paae
@@yashagarwal1985 thankyou bhaiya for advising as per my planning my classes are going to finish by jan end including amendments .. 100 days of revision still would be left at that time .. how to proceed at that point of the time ..for self study .. abhi in between self study karun in between classes
@@Ayush-p5q haan bhai in between self study krte raho like every Sunday ek revision day rakhne ka try kro and revise all the topics jo aapne us week me para ho ..and Sunday evening ko thora rest day bhi krne ka try kro... because as you said you have some heath issues toh balance of all rakhna zaruri hai
Jab aap 100 days me self study pe jaaoge..toh 1st time jab revision kroega toh saare topics saare sums ko revision dena and jo sum thora different ho and thora difficult ho un sab ko mark kr lena...phir jab 2nd revision do toh maximum time unhi sums and questions me dena...
Par jab parents aapko gold denge uss time uss asset ki value aapko 1 crore ki milegi, toh jab aap us gold ko bechoge toh technically aapko capital gain hi nhi hua. Aapko 1 crore ka gold mila aur aapne utne mein hi bech diya
The amount of tax saved can run into crores also if the capital gains on the asset so sold were higher.
Regardless of whether the tax that can be saved in your specific case is low or high, you should save it since it would take minimal effort and save you a good amount of money.
To submit queries which you want me to answer by way of a video, use the google form link given below:-
forms.gle/MWxRzopRh3JHi3SAA
Happy learning ❤
Can i get your number sir.
We need more videos like this sir. It freshen up the concepts.
Akshay Kumar in background be like, Jab Ghar me pada Hai sona, Fir kahe ko rona 😂
MANAPPURRAM GOLD LOAN😂😂😂
Hnji good evening>>>>
Good ETM
Bas itni expertise Leni hai taxation ki. Sir I'm left with 3 subjects of group 2 CA final. Hopefully will become CA soon. I want to pursue taxation field as my main career field where I want to be expert and keep it up as long as I can throughout the life. Please provide any guidelines for any particular materials or company i could go and learn taxation practical cases !
sir plz make more vedio on this type of topic
Sahil, my CGT question is a really complicated one which has stumped most CAs. I look forward to your response!
@sahil disappointed there was no response. Guess it stumped you too!
He doesn't have that much time to answer each and everyone's questions....In the end he takes CA inter classes also, manages yt, and answers students queries etc. It is not as simple as u think btw what's your Question?
@ajityadav7555 in this video he specifically asked to fill out a form so he could review and respond. I'm not expecting him to answer it on video but looks like you're a CA and up for a challenging question. Where can I send it to you?
@@priteshkhilnani why don't u know let us know too so that as CA students we may know real life tax problems better than our outdated books?
Sir I have a doubt ,as u said the person in the example is buying his first house without selling any LTCA then there is no LTCG arises and there is no need to reduce LTCG?
After long time, please give us videos frequently
Is this also applicable for a long term mutual funds investment (as a parental asset ) ??
Yes sec 54F
Sir,Hum shudh garib hai...
Is buying a flat from the builder after the building recieves its Completion certificate a good option to save the GST amount?
Yes pr aapko phle advance dena hoga
Gst are exempt on sale of property as per Sec 7(2) read with schedule 3 . If money is given after completion certificate.
@@commercespot1763nhi dena hoga*
If at all you give anything as Advance than it shall not be out of the purview of 7(2) r.w Sch3 which talks about exclusions from Supply, accordingly GST shall be levied.
@@commercespot1763 advance dega toh wo service Maan kr schedule me cover hi nahin hoga or taxed ho jaayega bro
@@tanmayvarshney9200 I mean to say token money to book
Sir gift deed ka stamp duty to jayega na..
Hii Sir USA Me Tax Save Kaise Kare Uspe koi Video Bana Sakte he
aur jo gold sell kr dia uska kya..
Parents ki koi asset bechni hi nai ha to kya kare
Tax pay karo fir
Bech k fir kharid lo
@@Akshaykapadiya 🤝🫡
Sir please make videos on GST case studies
Is this also applicable to short or long term Shares and Mutual funds gains for self ?
Yes on long term cg under section 54F
Indian person outoff jaake business krta he ya business ko Dubai ya other country me register krwa ke India me products sale krte he to kiya tax or gst lagega to espe detail me video bana ke bataye naa
Sir you said if parent have gold which was purchased 10lakh.
If we don't have any bill or proof of purchase price. Then how we will get purchase price.
And how income tax department verify this person purchase this asset at what that is declared by the assesse
Hi Sir, can you make a video for espp purchase and TCS on LRS
But sir Cap.gain.hi bachana hai to why assessee will go with 54F vo 54 me leskta hai 54F me jayega to sara him paisa invest krna pdega ...and 54 me jayega to keval gain jitna hi invest krna hga ..rest khin aur invest krskta hai 54E leskta hai
54 me Residential House property bech ke saamne House property lo toh hi 54 applicable hai..
Idhar Long Term Capital Asset(jewellary) becha hai aur uske saamne house property liya hai toh 54F applicable hoga..
@jaynagar01 Oh yes my.... fault....jwellery thi
Ghar bechkar ghr kharida to 54 me exemption le skta. But unke pass ghar ya koi residential prop. Nhi hai n. Isley 54f me exemption lene ki baat ho rhi h jisme aap koi bhi asset other than residential property bechkar exemption le skte
What if uske naam pe already ek House Property ho to wo Section 54F ka benefit le sakta hai kya?
@@tusharshinde7690 haa le sakta hai but he should not own more than one Residential House Property..
Phir wo gold bechna bhi to pdega within 1 yr. of purchase of house....
Agar new property kharedenge toh income tax kaha se aa gya beech main...?
Bhai gold ka cap gains bachane ki baat ho rahi hai..
@@mapa5497 Video title dekho.
Lekin gift ki vale agra 50, 000se uper jaye tuo taxable hoti hai na??? 🤔🤔
As per 56(2)(x) read with sec 47 Transfer by way of Gift /will/trust is not regarded as a transfer
11th class se dekhna chalu kara hun... Abhi drop year me hun.... Takleef bhale hai zindagi me lekin khusi (Sahil sir ) bhi to hain ❤
Bhai padhai kerle takleef bad sakate h life go and get yourself career first
@@Maheshwariclasses-2024 bhai 24 jan ko paper h... Result 6 din me aa jata hai ..... Ab aapko aake result btaunga.... Seee u after 3 months...
isse aacha gold cash mai becho aur vo cash ghar khareedte hue use karo
How can i contact you for your services as CA?
Papa laat marke bhejdenge.
Sir students ki bhi le lijiye queries mene bhi form bhara hai
❤❤❤
Sir Aap kon si state se belong karte hai
Sir कलंगुटे बागा के हैं
After this,
Sir to Kushal: Hanji ab 10,000 nikal dijiye.
Itni bhi aukaat nahi ho gayi CAs ki jo itni si advice ke liye 10k charge karenge.
@@arunkumar4u when you don’t know what’s real and what’s sarcasm. 😝😝😝
@@Aaghir. Life ne mere saath bohot bada sarcasm kiya hai 😢😢😢sala tab se main har cheez ko seriously le leta hoon.
@@arunkumar4u Esa kya ho gya bhai tere saath?
Itna sona rakhne walon ke pass paisa aur property dono rehte hain
But sir mene jab se sab papa ko bola to unhone mujhe laat maar ke nikal diya 😅
Abba nhi manege!!
Sir kabhi kabhi aapko dekh ke dar lagta hai ki yar ham kya hi kar rahe hai aapni zindagi me means we literally have very less knowledge if compared to you
An average ca inter student 😅
As a CA inter student you should have more knowledge than Him
It's a Basic capital gain tax & 54F exemption
Bhaiya actually i passed ca foundation 2022 in first attempt after that faced many issues like health etc and many months got wasted even i have skipped nov23 attempt and i desparately want to pass both group in may24 and only 1/3rd classes are completed what to do losing hope and cant study due to this plz provide some advice .. till when one should complete classes and minimum revision time and how many classes per day .
Hello bhai...I am a ca final student and here is your answer
You should complete your classess at least 3 month before the exam
Revision number at least 2 times
And no limit for number of classes jitna aapse ho paae
@@yashagarwal1985 thankyou bhaiya for advising as per my planning my classes are going to finish by jan end including amendments .. 100 days of revision still would be left at that time .. how to proceed at that point of the time ..for self study .. abhi in between self study karun in between classes
@@Ayush-p5q haan bhai in between self study krte raho like every Sunday ek revision day rakhne ka try kro and revise all the topics jo aapne us week me para ho ..and Sunday evening ko thora rest day bhi krne ka try kro... because as you said you have some heath issues toh balance of all rakhna zaruri hai
Jab aap 100 days me self study pe jaaoge..toh 1st time jab revision kroega toh saare topics saare sums ko revision dena and jo sum thora different ho and thora difficult ho un sab ko mark kr lena...phir jab 2nd revision do toh maximum time unhi sums and questions me dena...
@@yashagarwal1985 thankyou bhaiya so much
Sir, How can I grow in the income tax like your thought process. Please suggest me.
That smile in the last was great.
Is there any caping to avail LTCG by way of selling gold in fy 24-25
bhai agar video length 59 secs ki rakhi jaye to isko shorts mana jaayega and reach badhegi....it will help more people..
Sir compensation from builder and fees to advocate how to calculate tax
Thanks you so much 👍🏻
In Gift deed, what about indexation?? Is it the old when father bought or transfered period?
Both can be used, ek income tax act ke according or ek case Study ke base pr manjula sha waali
Does this sound as loss harvesting? but instead it is like gain harvesting just to save future taxes payable😛😛.
awesome understanding sir👍👍
Gain in words, Loss in amount... Saved Successfully.
is Section 54 exemptions applicable for Crypto capital gains?
No
54 applicable only for residential house property
Par jab parents aapko gold denge uss time uss asset ki value aapko 1 crore ki milegi, toh jab aap us gold ko bechoge toh technically aapko capital gain hi nhi hua. Aapko 1 crore ka gold mila aur aapne utne mein hi bech diya
Nhi bhai aap parents se paise de ke kharidoge kya ????😂
@@commercespot1763 okay bro. thanks for clarifying.
Hum , Jab Gift kiyi hui asset bechte hai toh cost to previous owner lete hai