Long Term Capital Gain Tax on Property on or after 23.07.2024. नुक़सान ही नुक़सान Budget 2024 Update
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- Опубліковано 17 жов 2024
- Long Term Capital Gain Tax on Property on or after 23.07.2024. नुक़सान ही नुक़सान Budget 2024 Updates +91 9319333248, +91 8851223067 |
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Expert CA Sachin is a post graduate and a practicing Chartered Accountant who have served more than 10000 business man over all the world. Expert CA Sachin helps the people in complete startup funding, Equity funding and all MSME's sector for all types of Loans advice.
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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 🙏
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
Can I claim exemption u/s 54f in case of capital gain of shares
Sir plz reply
If our income from other source 4 lakh
And 20 thousand stcg
Then koi tax bnta hai payable or not
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
Naya property kharide to tax nahi lagega naa???!! How much period me ghar lena chahiye Sir
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.
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
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 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?? 🙏
Cost of acquisition same kyn nai rakhi??
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
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?
What about 50 lakhs bonds?Tell about the exemptions of buying two houses.
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.
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 ITR file kar denge kya?
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, you mentioned that excel format is available in the description. But its not provided
property bought in 2003 for 16.85 lakhs.... if sold now for 1.35 crs... what is the benefit /loss in LTCG
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.🙏🙏👍
Additional surcharge more than 50lakh income also to be included in tax calculations?
Sir, what about ansestrial inherited property purchased prior to 2001?
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
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
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 😢
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
Sir, Commission paid to agent and standard deduction of 2,50,000 below 60 years is also removed while calcuating LTCG. in this budget.
Nice Information 👍
Sir G,
If i sold all my shares under LTCG, supose aggregate of amount of One crore, can i invest full Amount of LTCG to buy a House & get tax relief, or it is applicable only in terms of house to house Property
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.
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
Property purchased in 1979 at Rs 9500.present worth Rs 3.5 crores.
How much will be the LGT
inherited property ki sale par CG ki kya calculation hogi
Two video already uploaded check latest video
Sirji pls clarify. Maine 22 july ko h apna makaan becha h and jisne lia h uski registry 22 july 2024 ko hogai h. Ab ye rule 23 july ko aya h. Toh kya mje new amendment impact krega ya mje indexation benefit miljayga?
Same question me
Old provision indexation milega
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
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
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.
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
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.?
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
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
mene 2002 year me Rs 6,11,000/= me property purchase kari thi...
2005 me extention Rs 3,22,450/=
year 2024,June 10th ko
sale kiya Rs 50,00,000/= me.
mera capital gain tax kitna aayega?
Sir Thanks for the information. Can you please reply on below query
I have sold my Flat on 22/07/2024. Also cheque and balance payment received on 22/07/2024. Will I get indexation rebate. Thanks 🙏
Yes
Discription main kaha kuch hai
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
Saching Ji file is not attached or provided the link please - Many thanks in advance ji
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…😊
Sir ab ye btao circle rate se jyada account m transfer kra skte h kya at the time of sale of property
Yes
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
In-depth information Sachin...keep up the good work!
Thanks a ton 🙏🎁
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
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 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
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 you did not answer my query, I did the agreement of sale on 20th July and received 20% payment only and the buyer paid 100% TDS on 22nd July. Registry date was booked in advance for 26 July, can I take indexation benefit. Please answer sir..
When full payment received date ??
@@expertcasachin Sir Full payment toh kal milegi at the time of registry.
@@expertcasachinstamp duty and TDS payment hue thi 22july tak and 20% of total value till 22july, rest payment kal milegi 😢
Pl advise can F&O losses be setoff against long term capital from sale of property including previous year and same year.
No
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
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
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 .
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
Respected sir I have purchased a property in February 2019 in rupees 62 lacs but now a person wants to purchase this on October 2024 in rupees 62 lacs . This 62 lacs is 100 % white money. Then can I purchased a buider flat of in rupees 120 lacs . On paper value is only 22 lacs but I have 100% white money, how can i purchased this type of house where there is difference in on paper and Market price
Yes higher value from circle rate allowed
Kam par nahi le sakte
54ec ke tahat 50lac tak investment kar sakte he??
Yes soon will upload video on same issue
What about Property purchased before 2001? Please make a Video for such Property.
Saturday
sachin, could you guide me on tds rate on immovable property on payment made to nri on 23/07 or after that. Whether to keep 20% or 12.5%?? Thanx
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 just like there is option for optiong new tax regime and old tax regime can some choose to pay tax on the basis after budget ltgc 12.5% even if he sold his land before the budget announcement
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
Good video, Recently I sold my property purchased in 1988. The cost of acquisition is around 12 lacs. I made agreement for sale on 13/7/24 (before budget) (kachha agreement) for Ra. 49.50 lacs and final sale deed was executed on 26/7/24 for Rs. 49.5 lacs. Please guide how to calculate LTCG as I made agreement to sale on 13/7/24 (before budget announcement) and final agreement was done on 26/7/24 (after budget announced) Whether I will get indexation benefit and can reduce the expenses incurred for selling property such as travelling, Brokercharge, stamp duty expenses etc. And what rate I have to calculate LTCG tax ie at 12.5 or 20 percentage
Thanks
Satishchandra Gujrathi
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
I think you are allowed to invest in 2 residential flats and not 1 like you said upto 2 crores. This is what I know before budget. So have changed it to just 1 property now?
You are right but in video I said because ltcg is more than 2 Cr without indexation now only one house possible
Otherwise in old regime two were possible
Hope clear
@@expertcasachin Ok so they changed the rule of buying 2 properties to just 1 now? This government is so bad ki kya bole ab. Thank you for clarification.
Where is the link to to download excel
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
SIR, My Personal Case---- I Purchased a Commercial Property Shop in Delhi from DDA IN March 2012 (First Allottee)...Cost of Shop @32 Lac and Registry extra @193000 rs and property tax submit 45000 rs till March 2024...I sold shop consideration value 48 Lac and circle rate and stamp duty paid by buyer @ 58 lac......... How much my tax and and if any, how to minimise or avoid tax..... please suggest..... thanks 🙏 sold shop in MAY 2024........ BEFORE 2 MONTHS OF BUDGET
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
Bahut sundar explanation.
Sir I have registered (sold) on 20/07/24 on part payment Rs 5 lakhs and remaining payment Rs41 lakhs received on 26/07/24. Whether I will get benefit of indexation or not
What's about who's buy property before 2001..same tax will apply??
Saturday will upload video
Sir hmne capital gain acc m 30,00,000 deposit krwaya h ghar bech kr budget de phele march k time
Aghe kya krna rhega tax kitna lgega
No issue in this case
@@expertcasachin sir tax nhi lgega ?
Raghav Chaddha speech is very instructive
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 )
Respected sir , if I sold my property in Rs. 62 lacs in 2024. And I have purchased this before 5 and the half year before in 63 lacs . What will my capital gain. Actually in which society I have purchased this property, now sale value has decrease.
Sir when u sale exact date I need
@@expertcasachin I will sale my property after 3 month, only I have token money
Maine May 24 me ak property sale kiya hain
Usme konsa tax lagu hoga
Old tax regime Wala.
Indexation benefits milega
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
2001 Ke pehle ki registry hai us me v ajj sell krne pe indexing kaa benifits nahi mile gaa????
Milega
Saturday will upload video
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.
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
Short term loss property ke liye kya... Hai o video banai ye sir
सर मेरा STCG मैं प्रॉफिट लगभग 2,00,000 तक हो गया।एसटीसीजी में।87 ए कर रिवर्ट भी हटा दिया।क्या मैं मेरा अकाउंट से मेरी फैमिली के अकाउंट गीफ्ट डेट बना के पैसा ट्रांसफर करके उन अकाउंट से?शॉर्ट टर्म कैपिटल गेन।कमा सकता हूँ और टैक्स बचा सकता हूँ।
Dho dala aap nay tho. Sachin ji.
Sir in 7th case why can't person invest 45 lakhs rs and save tax ?
Dear in all cases if invested in property can save tax
What about Capital Gain Bonds ?? Are these available now??
Yes
So one can save LTCG BY INVESTING IN THESE BOBDS I think limit is 2.0 Cr
2001 vaĺue of my property is 20,00,000 salling at 1,55,00,000/-
what is my long term capital gain ?
i have received rs,20,00,000/- advance payment out of 1.55 cr.before 23.7.2024
kindly guide
How many people in India has house property around 10 or 20 crores... just asking
सर मैं ने अगस्त 2023 में 50 लाख की मकान खरीदा , जो कि MF से 26 लाख अपने व 25 लाख पत्नी के मिलाकर खरीदा दोनों को LTCG टैक्स बना , मैंने अपने टैक्स की रिबेट 54F में लिया 1.पत्नी का तो टैक्स देना होगा ?
2. मेरे पास अभी भी लगभग 20 लाख के SIP फण्ड के से पैसा मिल जाएगा तो क्या मैं 54F के तहत अपने बचे फण्ड को यूज़ कर सकता हूँ ??
Query not clear I need discussion and paper for proper help contact on 9319333248
Sir, मैने एक फ्लैट लिया था जनवरी 2012 में, cost थी total 28 lakh rupees, ये में मई 2024 में बेच दिया 36 लाख में। इस पर लॉन्ग टर्म कैपिटल गेन टैक्स कितना भरना होगा। और ये 39 lKh bhi आगे नई प्रॉपर्टी प्लॉट खरीदने में लगा दिया। सलाह दो कितना टैक्स बनेगा।
No tax
Sir agar 2 Lakh ki propaty 50 Lakh me bikega to kitna tax lagega
48 lac ka 12.5%
Superb sir u. Are great boss thank you for your kind information
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
Sir your way of lecture is very nice. Your sense of humour and look n style of speaking resemble Nawazuddin
अति सुन्दर विश्लेषण।
Thanks 🙏