Sir aap itni difficult chiz kitni simple way Mein batate hain, Legal knowledge bhi aata hain Aur video Bilkul boring bhi nahi laagta. very nicely explained in most simple and humourous way🙏🏻
Removal of indexation benefit is very harsh decision by government,will prove harsh for bjp in votes.... should consider roll back this decision. Nirmala ji will prove havoc for bjp.
Sirji, LTCG Tax से भी ज्यादा तकलीफ होने वाली है CG reinvestment पे !! पहले indexed cost के बाद बचा हुआ profit ही reinvest करना पडता था cg tax बचाने को !! अब बगैर indexation वाला पूरा प्रोफीट reinvest करना पडेगा !! मे अगर पैसे की जरूरत के कारण पुराना प्रॉपर्टी बेचके, indexed प्रोफीट इन्वेस्ट करके, बाकी रकम का अन्य उपयोग करना चाहता हुं, तो अब वैसा नहीं कर पाउंगा 😢
gajab ki jankari di hai aapne, govt. ke bade-bade dhurandhar bhi ye sabhi baaten jante-samajhte honge, lekin jaan-samajh kar public ko *murkh* banate hai.
Sale on property par indexation nahi milega 23-7-24 ke baad ki sale main? 54EC benefit le sakta hai sale value-only purchase value=capital gain value full investment upto 50lakh.
Thanks for your simplified explanation of the new changes(budget 2024). My queries: A) How to calculate "cost" of ancestral property? B) Cost as FMV of property in 2001... how can we (practically) obtain that? C) I heard that for properties acquired before 2001(family property) benefit of indexation will continue... Is it true?
सचिन जी, अभी तो बजट पेश हुआ है पास थोड़े ही ना हुआ है, पार्लियामेंट से पास होने से पहले ही क्या बजट प्रोविजन लागू हो सकते हैं ? कई बार बहस के दौरान कुछ अमेंडमेंट भी आते हैं और होते भी हैं।क्या इसमें ऐसा नहीं हो सकता ?
Sir march 2024 me jo urban agriculture land sale krke capital gain huya wo kis according calculate hoga … with indexation or without.ITR bharni hai abi. Pls tell
Agar 1.3 lakh ka plot liye aur 5 lakh construction ( proofs chahiye ya valuer certificate ) - total cost 6.3 lakh hogi agar 23.7.24 ke bad sale kroge jaise 10 lakh ka sale kr diya toh tax 10-6.3 = 3.7 lakh pe lagega
Sir jameen leke construction karwaya 2004' me to aaj ki date me uski kya valur hogi ya base value kisi mana jayega, 2.5 lakh ki jameen construction loan 4lakh ka total 2004' me 6.5 lakh invest kiye aj ki date me uski value use kya samjha jaye new tax scenario me, plz btayen?? 🙏
I have a Query when the Government is asking don't take cash while selling property which is ok .. if the builder who sells flat he is supposed to take everything in cheque and not cash then why do builder ask for cash... Black money and receipts are not given by builder to save his own tax ...? Why does Government makes those strigent rules ? Is it because there is some profit coming from Builders to Modi and Nirmala Sitaraman
@@kkmishra1971 please read my comments properly ur remark is sarcastic that there were builders before Modi or Sitaraman... the point is this government is only looking and means to exploit the middle class people to generate tax and is letting the big lobbies benefit from it ...when they are trying to extract tax from comman man so much why can't they do the same with Builders ? Is it because they get charity funds in their accounts from these big shots in their party accounts in form of bonds ?? Think about it
Thanks sir. I want to know about long term capital gain. If any one buy a plot in year 2000 and construct a house in 2002 and sell this house in 2024 how the capital gain tax will be calculated.thanks
Sir upar pe aap 1.51 fectory se Guna kar rahe the lekin nichi Wale me bhi 1.51 se Guna karna hoga yani 9000000*1.51 thoda samaj me nahi aa raha sir please thoda jyada explanation kijiyena kyuki paiso ka sawal he.🙏🙏👍
Will indexation benefit be available for property bought before April 2001 or we consider the valuation as of April 1, 2001 as the cost and without indexation
Sir , if a senior citizen sells his house and goes to reinvest in flats in another city , how many flats he can purchase on his name after selling the house.
Sir, If my LTCG in sale of property is 2 Cr and if purchase a property worth 1 Cr, then can I completely avoid tax by investing balance 1Cr in REC bonds? That is can I avail both benefits (sec 54 and 54 EC) in the same transaction.
sir plz ye doubt bhi clear kre.... agar ancestral property hai 2001 se phele ka or partition hua 2020 me toh indexation lagega ya nai and agar lagega toh Tax 20% dena hoga ya 12.5%
Finance secretary has clarified that grandfather ing clause will be applicable on property purchased prior to 2001.Thus indexing benifit will be available on old properties.
Namaskar sir, mujhe puchna hai ki kisine 5 hazar ki zamin kharidi1980 mey, abj 2024 Mey bechne ka plan hai jiski value 60 lakh hui. Iska LTCG kaise calculate hoga. Please reply
Hello sir. Hmne aap ke vedios you tube per dekhe hai bhut usefull hai. Sir mera ek question tha.Sir hme last 2year se itr 4 file kar rahe hai 44Ad mai under 50lakh But Fy 2023-24 mai hmne 200000 ke stock purchased kiye hai or 10000 ke sale kiye hai ab hme kon se itr file krni hogi.???? No maintain books of accounts
Hi Sachin, I have sold my property in June 2024. It’s a joint property so we can do calculations based on the indexation and invest in bonds to save LTCG?
ज्यादा BP बढ़ाने की जरूरत नही , case to case loss profit vary करेगा। 30 साल की प्रॉपर्टी में प्रॉफिट होगा। मेरे को तो प्रॉफिट है 33 साल की प्रॉपर्टी है
just like shares value as on 31/01/2018 has been grandfathered, the property indexed value as on 1/4/2024 or 23/07/2024 should be grandfathered. other alternative can be making indexation applicable only for property below sale value of rs.2 crores .
क्या ग्रामीण श्क्षेत्र मे लगभग 2 बीघा भूमि जो कि नगर पालिका की सीमा से (हवाई दूरी से) 4 किमी की दूरी पर है क्या उसे बेचने पर होने वाले कैपिटल गैन पर टैक्स देना होगा सर अपना बहुमूल्य सुझाव देने का कष्ट करे
Best video as usual sir ji you are too fast and well explainer Sir ji one qs If some one sold his property before budget and deal was complete the which condition apply
LTCG Tax on Mutual fund and Stock directly discourage middle class peoples for investment. It effects new investors also. Middle class peoples are invested their hard earned money, which are already filtered by income tax system after collecting slab wise I.T.
Excellent Video. All real life examples given in your video. Looking forward for next video in your series. ONE QUERY Whether LIC policy maturity amout is Taxable or Tax Free? I have filed IT Return for FY 2023-24 and TIS has shown 10% recovery which was as such charged while filing IT Return. Please confirm. Thanks
They should atleast give some time before implementing so that who ever have ancestral property before 2000 can atleast sale and take indexation benefits. But now he has to pay the maximum tax. How can they demolish indexation benefits of 23 years in just one day? I agree that now onward indexation not applied but indexed cost of 22 July must be considered for sale....they can't do it retrospectively
@@barindersingh6662 These govt is very adamant. One have to go to court only then they might get relief. Hope they are not executing in a way what expert Sachin have said in the video. Finger crossed waiting for detailed notification.
Sir aap itni difficult chiz kitni simple way Mein batate hain, Legal knowledge bhi aata hain Aur video Bilkul boring bhi nahi laagta. very nicely explained in most simple and humourous way🙏🏻
Thanks 🙏
Removal of indexation benefit is very harsh decision by government,will prove harsh for bjp in votes.... should consider roll back this decision. Nirmala ji will prove havoc for bjp.
Yes. एक तरफ कहते हैं कि Ease of living and ease of doing business, लेकिन हकीकत एकदम विपरीत है. 😢😢😮😮
must be challenged in supreme court.
मेडम का बस चले तो वो जनता के खून पर भी टेक्स लगा दे। बीजेपी हटाओ सरकार जनता को गरीब पर गरीब कर रही है।
Elections commission uska , machine uski tumhri vote se kuch nhi hoga waise bhi , iss bar wo haara pda tha , vote counting glat hui hai
लगता है Government सभी (सम्पूर्ण भारत ) को लाभार्थी (5 KG राशन) श्रेणी में लाने के लिए 18 -18 जाग कर पूरा प्रयास कर रही है
Lol
😂😂😂
Sir, I need your contact no. and your city for consultation. Regards.
🤣🤣🤣 5 kg ration
Sirji, LTCG Tax से भी ज्यादा तकलीफ होने वाली है CG reinvestment पे !! पहले indexed cost के बाद बचा हुआ profit ही reinvest करना पडता था cg tax बचाने को !! अब बगैर indexation वाला पूरा प्रोफीट reinvest करना पडेगा !! मे अगर पैसे की जरूरत के कारण पुराना प्रॉपर्टी बेचके, indexed प्रोफीट इन्वेस्ट करके, बाकी रकम का अन्य उपयोग करना चाहता हुं, तो अब वैसा नहीं कर पाउंगा 😢
In-depth information Sachin...keep up the good work!
Thanks a ton 🙏🎁
LTCG 12.5%+ surcharge and cess milake 14.95% LTCG dena hai aur TDS also 1%
Dho dala aap nay tho. Sachin ji.
gajab ki jankari di hai aapne, govt. ke bade-bade dhurandhar bhi ye sabhi baaten jante-samajhte honge, lekin jaan-samajh kar public ko *murkh* banate hai.
Bahut sundar explanation.
Aap log sarkar ke pass in sab chizon ki awaaz uthaye sir hum sab aap ke sath hai 🎉
Thanks 🙏
Tum vote do is sarkar ko.
Capital gain property se Registry hone pahle 4th.mahina pahle total amount de sakte hai or nahi.
Sachin ji aapne to finance minister ki pol khol di.. Hats off to you 🙏
काहे की फाइनेंस मिनिस्टर, लूट मिनिस्टर है। 🤬🤬 जनता को लूटो बस।
अहंकारी मिनिस्टर
Agar registry aur payment 10/07/24 ko huaa hai, tab indexation benefit milega??? Aur cost of improvement bhi add hogaa with indexation??? Please batana ka kast kijiya
Yes available 20% tax and indexation
Really we appreciate your presentation which is really improve our knowledge
Nameste sir bahut din bad aap se bat hui I was a little bit upset
Raghav Chaddha speech is very instructive
अति सुन्दर विश्लेषण।
Thanks 🙏
🎉🎉🎉
Bhaut khub sachin ji.
Sale on property par indexation nahi milega 23-7-24 ke baad ki sale main? 54EC benefit le sakta hai sale value-only purchase value=capital gain value full investment upto 50lakh.
Ab index value calculate nhi hogi sirf actual registry value + expenses ke base pe tax calculate hoga
54EC will continue.
Sir plz reply
If our income from other source 4 lakh
And 20 thousand stcg
Then koi tax bnta hai payable or not
Pl create a forum and fight to roll back this.
Introduce old indexation.
Modi sunega????
Usne suni hai aaj tak kisi ki. Jab vote dene ki baari aati hai to fir vo lutera yaad aa jaata hai.
Thanks for your simplified explanation of the new changes(budget 2024).
My queries:
A) How to calculate "cost" of ancestral property?
B) Cost as FMV of property in 2001... how can we (practically) obtain that?
C) I heard that for properties acquired before 2001(family property) benefit of indexation will continue... Is it true?
Saturday will upload
सचिन जी,
अभी तो बजट पेश हुआ है पास थोड़े ही ना हुआ है,
पार्लियामेंट से पास होने से पहले ही क्या बजट प्रोविजन लागू हो सकते हैं ? कई बार बहस के दौरान कुछ अमेंडमेंट भी आते हैं और होते भी हैं।क्या इसमें ऐसा नहीं हो सकता ?
काश हो जाये
@@expertcasachinjisne property 23-7-24 se pehle sale kri but return file 23-7-24 ke baad kre os pr je impingement hoga ?????
N9@@PropertySaleRent
Can I claim exemption u/s 54f in case of capital gain of shares
Sir, what about ansestrial inherited property purchased prior to 2001?
Great.
Need video on
House property purchased rs 5 lakh in 1995 and selling on 24 July 2024 ars 45 lakhs
following
U will get indexation benefit
Sir your way of lecture is very nice. Your sense of humour and look n style of speaking resemble Nawazuddin
Sir march 2024 me jo urban agriculture land sale krke capital gain huya wo kis according calculate hoga … with indexation or without.ITR bharni hai abi. Pls tell
jo pesha construction me Lagate he. vo calculate keshe hoga. example 1.3Lac ka plot liya 5Lac construction me Lagaye.
Agar 1.3 lakh ka plot liye aur 5 lakh construction ( proofs chahiye ya valuer certificate ) - total cost 6.3 lakh hogi agar 23.7.24 ke bad sale kroge jaise 10 lakh ka sale kr diya toh tax 10-6.3 = 3.7 lakh pe lagega
Phle aisa nhi hota tha phle indexation benefit liya jata tha
Additional surcharge more than 50lakh income also to be included in tax calculations?
Cost of acquisition same kyn nai rakhi??
sir please tell when sale industrial factory and purchase Residence house and small factory in within two years then what about capital gain tax
Sir jameen leke construction karwaya 2004' me to aaj ki date me uski kya valur hogi ya base value kisi mana jayega, 2.5 lakh ki jameen construction loan 4lakh ka total 2004' me 6.5 lakh invest kiye aj ki date me uski value use kya samjha jaye new tax scenario me, plz btayen?? 🙏
I have a Query when the Government is asking don't take cash while selling property which is ok .. if the builder who sells flat he is supposed to take everything in cheque and not cash then why do builder ask for cash... Black money and receipts are not given by builder to save his own tax ...? Why does Government makes those strigent rules ? Is it because there is some profit coming from Builders to Modi and Nirmala Sitaraman
Yes, before Modi or Sitaraman there was no flat or builders.
😂
@@kkmishra1971 please read my comments properly ur remark is sarcastic that there were builders before Modi or Sitaraman... the point is this government is only looking and means to exploit the middle class people to generate tax and is letting the big lobbies benefit from it ...when they are trying to extract tax from comman man so much why can't they do the same with Builders ? Is it because they get charity funds in their accounts from these big shots in their party accounts in form of bonds ?? Think about it
inherited property ki sale par CG ki kya calculation hogi
Two video already uploaded check latest video
Sir very good explanation sir jab tak anpad politicians desh ko rule karenge tab tak aisa hi hoga
🤔🤐😬
Thanks sir. I want to know about long term capital gain. If any one buy a plot in year 2000 and construct a house in 2002 and sell this house in 2024 how the capital gain tax will be calculated.thanks
Sir upar pe aap 1.51 fectory se Guna kar rahe the lekin nichi Wale me bhi 1.51 se Guna karna hoga yani 9000000*1.51 thoda samaj me nahi aa raha sir please thoda jyada explanation kijiyena kyuki paiso ka sawal he.🙏🙏👍
Will indexation benefit be available for property bought before April 2001 or we consider the valuation as of April 1, 2001 as the cost and without indexation
I am think you have to pay for the answer 😊
Sir , if a senior citizen sells his house and goes to reinvest in flats in another city , how many flats he can purchase on his name after selling the house.
Please reply sachin ji
What about 50 lakhs bonds?Tell about the exemptions of buying two houses.
Sir pl. Confirm whether if amount of capital gain partially invested then tax is to be paid on balance amount or on full capital gain amount
Yes balance amount
I m having ancesteral property for which I don't know the pursace value because it is 250years old, what will happen if I want to sell it
Valution hogi contact on 9319333248 we can help
What about Property purchased before 2001? Please make a Video for such Property.
Saturday
now... Govt is assessing public reaction. Later, just to please voters, they will reduce LTCG from 12.5% to 12%.
Sir, you mentioned that excel format is available in the description. But its not provided
Sir, If my LTCG in sale of property is 2 Cr and if purchase a property worth 1 Cr, then can I completely avoid tax by investing balance 1Cr in REC bonds? That is can I avail both benefits (sec 54 and 54 EC) in the same transaction.
Naya property kharide to tax nahi lagega naa???!! How much period me ghar lena chahiye Sir
Thanks sir, very nice, explanation about property gain 🙏🙏🙏🙏🙏🙏🙏
Always welcome 🙏
sir plz ye doubt bhi clear kre....
agar ancestral property hai 2001 se phele ka or partition hua 2020 me
toh indexation lagega ya nai
and agar lagega toh Tax 20% dena hoga ya 12.5%
Abhi tak to Jo bhi smjha hai uske according to indexation nhi milega aapko
12.5% hi rate hai ltcg ka
Aur aapne abhi tak isko sell bhi nhi kra hai to 12.5% to lagna hi hai
@@kushagrarastogi993 ok... tab property ka Valuation year 2020 ke according hi consider hona chaiye Capital Gains nikalne ke liye ??
Saturday will upload video
Finance secretary has clarified that grandfather ing clause will be applicable on property purchased prior to 2001.Thus indexing benifit will be available on old properties.
Good question ? But no answer from experts.
Video already uploaded yesterday
Check latest video
@@expertcasachin Thanks for sharing this video, you are a true person 👍
Sir ab ye btao circle rate se jyada account m transfer kra skte h kya at the time of sale of property
Yes
Namaskar sir, mujhe puchna hai ki kisine 5 hazar ki zamin kharidi1980 mey, abj 2024 Mey bechne ka plan hai jiski value 60 lakh hui. Iska LTCG kaise calculate hoga. Please reply
Tomo will upload pls watch
Very nicely explained,thanks🙏🙏
Most welcome 😊
What will be the case, if I sell the property after 23.07.2024, which I have purchased in the 1993?
Today evening will upload pls wait
Superb sir u. Are great boss thank you for your kind information
Shandaar
Sir, if the sale proceeds part received before 23july24.Part proceeds after 23July 24.What will be the tax calculation pattern.
Soon will upload video thanks
Hello sir.
Hmne aap ke vedios you tube per dekhe hai bhut usefull hai.
Sir mera ek question tha.Sir hme last 2year se itr 4 file kar rahe hai 44Ad mai under 50lakh
But Fy 2023-24 mai hmne 200000 ke stock purchased kiye hai or 10000 ke sale kiye hai ab hme kon se itr file krni hogi.????
No maintain books of accounts
Itr 4 hi kare
Sir anscentral property hai 50 saal purani.. abhi 5crore sale Hui hai...kya karna padega...??
Register and payment receipt and possession also pending
Need discussion contact on 9319333248
Sir, how to calculate the cost of acquisition of inherited/ancestral property more than 70 years old after this union budget.
Saturday will upload video on same issue
Sir, Commission paid to agent and standard deduction of 2,50,000 below 60 years is also removed while calcuating LTCG. in this budget.
Very important advice
Please provide short gain tax ke baare mai video banayo❤🎉
Very useful video with good and very explaned
So nice of you
Hi Sachin, I have sold my property in June 2024. It’s a joint property so we can do calculations based on the indexation and invest in bonds to save LTCG?
ज्यादा BP बढ़ाने की जरूरत नही , case to case loss profit vary करेगा। 30 साल की प्रॉपर्टी में प्रॉफिट होगा। मेरे को तो प्रॉफिट है 33 साल की प्रॉपर्टी है
Sir, next video me yesterday bhi batana ki koi 30 year purani
Jamin par 10 year pahle Ghar banaya hai .
To tax kaise calculate hoga.
Thank you
It is my question also
Morning 11 am upload hogi
just like shares value as on 31/01/2018 has been grandfathered, the property indexed value as on 1/4/2024 or 23/07/2024 should be grandfathered. other alternative can be making indexation applicable only for property below sale value of rs.2 crores .
क्या ग्रामीण श्क्षेत्र मे लगभग 2 बीघा भूमि जो कि नगर पालिका की सीमा से (हवाई दूरी से) 4 किमी की दूरी पर है क्या उसे बेचने पर होने वाले कैपिटल गैन पर टैक्स देना होगा सर अपना बहुमूल्य सुझाव देने का कष्ट करे
Dekho
Good evening Sachin Sir
Good evening sir
property bought in 2003 for 16.85 lakhs.... if sold now for 1.35 crs... what is the benefit /loss in LTCG
Ye indexation hatane ka decision government ko aane bale election me kaafi mahanga pad sakta hai
Absolutely correct
improvement cost ka kya hoga? jo makan me construction karate he?
Indexation benefit khatam toh improvement cost ke liye actual slips hi consider ki jaegi naki indexation cost of construction )
Very perfectly explained.
Pl advise can F&O losses be setoff against long term capital from sale of property including previous year and same year.
No
Very good information
When will the new capital gain taxation provisions come into force whether 1st April or from 23.7.2024
23 July 24
@@expertcasachin Thank you so much 💓 whether Section 54EC Bonds still continues.?
Bhaiya Short Term Capital gain waalon ke liye bhi video bana kar samjha dijiye....
Sir 2018 se phle purchase Kiya shares pe capital gain lgega kya g
Yes soon will upload video on same issue
@@expertcasachin ok please upload Thank you
Mene property sale 17/1/24 ko bechi he to muje old tax lage ga ya 23/7 ko jo change kiya vo lage ga.
Old
Best video as usual
sir ji you are too fast and well explainer
Sir ji one qs
If some one sold his property before budget and deal was complete the which condition apply
Old provision will apply
@@JimmyJo-z5o all benefits available
Whether LTCG exemption benefit on purchase of new property can be taken twice by an individual tax payer u/s 54 & 54F over the time
Yes
What's about who's buy property before 2001..same tax will apply??
Saturday will upload video
Land 1991 Rs 65,000 me liya tha
Now 2024 Rs 6000000 ( 60L) capital gain tax kitna dena hoga ? ... please reply sir❤
40L bank me leke 20L case lene se kaisa hoga benifit
Respected Sir
If property purchased before 2000, if he will be benefit with 12.5 % can he opt new tax.
Index value of 2000 will be taken in this case i think ( This needs a confirmation from sir )
Sir maine 1 house 1959 mai rs 25000 me kharda or aaj k din me rs 22500000 may sale karta hu to without indexation ltcg Kitana hoga .
Sir first Valution hogi then only possible
Contact on 9319333248 for Valution and all help
😂 Hum to daba ke hase hai
Nice video aapki her ek vedio information se bhari hoti hai maza aa jata hai
Thanks 🙏
I sold on April’24, will I hv to pay with new rules?…Please advice
Old rule
Indexation allowed
@@expertcasachin Thank you sir for prompt response, its released my tension…😊
Bhai kisi ne gold 1990 me buy Kiya 550 rupees per grm vo 2003 tak 5500 hi tha
LTCG Tax on Mutual fund and Stock directly discourage middle class peoples for investment. It effects new investors also. Middle class peoples are invested their hard earned money, which are already filtered by income tax system after collecting slab wise I.T.
54ec ke tahat 50lac tak investment kar sakte he??
Yes soon will upload video on same issue
Excellent Video. All real life examples given in your video. Looking forward for next video in your series.
ONE QUERY
Whether LIC policy maturity amout is Taxable or Tax Free? I have filed IT Return for FY 2023-24 and TIS has shown 10% recovery which was as such charged while filing IT Return.
Please confirm.
Thanks
Thanks for eye opening 😢
Our pleasure!
Useful video ❤🎉nice information 🎉❤ Thanks update 🎉❤
Thanks 🙏 ji pls share on ur group on WhatsApp
They should atleast give some time before implementing so that who ever have ancestral property before 2000 can atleast sale and take indexation benefits. But now he has to pay the maximum tax. How can they demolish indexation benefits of 23 years in just one day?
I agree that now onward indexation not applied but indexed cost of 22 July must be considered for sale....they can't do it retrospectively
Any property purchased before 2001 will get the benefit of cost inflation index. You need not worry.
@@barindersingh6662 These govt is very adamant. One have to go to court only then they might get relief. Hope they are not executing in a way what expert Sachin have said in the video. Finger crossed waiting for detailed notification.
Sir ITR file kar denge kya?
JO LTCG KO INVEST KAREGA PROPERTY ME, UUS PAR FIR STAMP DUTY 7% KE WOH BHEE TO LOSS HE HAI FOR OLD PERSON
Very nice presentation
Thanks 🙏
Discription main kaha kuch hai