Ca expert sachin sir your teaching style is very good it is really helpful for beginners and professional also I am income tax practioner I always watch your videos it is very helpful you are really doing good work gbu 👍👍❤️❤️🙏🙏
This is the best video on Capital Gains. Sachin, if I am investing in an under construction property one year before the property sale and one year after as well, can I add up the entire slab payments before the sale or after to consider in tax exemption?
नमस्कार सर् जी आपका vdo देख कर बड़ी खुशी मिलती है ।आप बहुत ही अच्छे तरीके से समझाते है सर् ।मैं एक जानकारी चाहता हूँ सर् ।मेरी पत्नी ने एक प्लाट सन 2004 में लिया था durbhagybas 2005 में उसकी मृतु हो गई उसके बाद वो प्लाट खतौनी में मेरे नाम दर्ज हो गया ,जिसे मैंने उस प्लाट को सन 2022 में बेंच दिया ।क्या इसपर हमे टैक्स लगेगा सर् ? उस पैसे से मैंने 2023 मे प्लॉट खरीद लिए हैं ।
Mr. Sachin, I am highly impressed with your knowledge and expertise. Just advice, if one brother sells his 40 year house , can he buy ahouse in the name of his brother out of Capital gains amount to avoid any Tax.
Sir how capital gain is calculated on redevelopment property as my old home is demolished and reconstructed with additional area. And old home was under pagri system
If husband n wife sell jointly owned R. prop. Will capital gain be divided 50:50 and tax applicable on their share separately and they will enjoy limit of Rs 50 lac each separately.
Sachin bhai aj ki apka channel dekha aj tak itna simple or acche se kisene nhi samjhaya thank you mera ek question Hai hum apne saare property sale kar rahe cost is High property on father name joint family so kya new House or flat lege wo father ki jagah unki wife mere mother ya mere khud k naam pe le sakte as he is paralysed nd in bed return not filed from last few years as not in slab KINDLY explain
Sir i was sale my house in the city (inside the municipal area) and again within time i was purchased house outside city on agricultural lend conversation of lend is due can i take benifit of sec54 of income tax act plz tell me
2:10 you could have clarified the date of purchase as date of booking and allotment and not the date of possession or registry. Excellent video though.
You are explaining everything very well. Thanks for your social service. I have one doubt that whether it is allowable to sell two residential properties to purchase to residential houses in different cities of india to avail benefits of capital gain, since my sons living in two different states. I am waiting for your reply. Thanks.
Sachin ji, Good information nicely explained. Some confusion, {Point No. 8} you mean to say , If the second property has been purchased to save long term capital gain arrived from 1st property, it should be retained for 36 months to get the long term capital gain arrived at by selling the 1 property
Sir jo construction vaala case hai capital gain ke paise se 3 saal baad vo koi already koi doosra kharida hua Ghar le rakha hai uski reconstruction pe lagaana hai ya koi kharida hua plot hai bahut pehle jo 1 saal pehle yaa 2 saal baad ke under nai aata ....uspe bhi construction karva sakte hai khaali plot mein
Most Important Query : Mrs. ABC (Female) Age = 70 years Chawl room gone for SRA project and got possession in 2011. As per the Income Tax Section 54 this is exemption for SRA development. Then this flat sold on Jan-2024 of Rs. 60,00,000/- (FY_2023-24). TDS deposited by purchaser & reflected in Form 26AS (FY_2023-24) @1% Rs.60,000/-. Consideration has been credited in bank account in FY_2023-24 : -> Rs. 5,00,000/- (Jan-24) -> Rs. 55,00,000/- (Feb-24) Now she is going to transfer this amount to her both daughter in ratio @ 50:50 & deciding for making Gift Deed on stamp paper for taking Income tax exemption benefit u/s.56(2) of Income tax act in month of May-2024 (FY_2024-25). So, my question is that, how to show this transaction in Income tax return for FY-2023-24 & 2024-25.
Property ka initial rate nhi pata, Great grandfather ke time se land thi before 1970, us time koi registry nhi thi. Ab agar sale karte hain 30lakh ka sale registration hua hai, to isme kya calculation hogi ? Ab .. if sold in 2022-2023
Good information but sir what tax i have to pay if i sell ancestral property which not mentioned any sale deed or any deeds only succession deeds so how much tax or no tax Please reply 🙏
सचिन जी 🙏🏻, मेरा मार्गदर्सन कीजिये... 04 सितंबर 2009 मै, फ्लेट खरीदा था (Rs. 26,36,250) 03 जून 2024 को बेचा Rs. 64,25,000) ब्रोकरेज (Rs. 50,000) नेट सेल (Rs 63,75,000) 26/07/2024 को रजिस्ट्री हुई 1, ओल्ड रिजिम के हिसाब से... (90,938 का लॉस हैं ) 2, न्यू रिजिम के हिसाब से... (37,38,750 प्रॉफिट हैं) मुझे क्या करना चाहिए किर्पया बताये
sir do we have to buy land of capital gain or whole sale amount ? Eg-property sales of at 50 lakh so capital gain comes at 20 lakh after indexation etc so we have to buy another residential house of 50 lakh or only 20 lakh to save tax?
sir aapka andaaz ,excellent hey, Teaching all Points in simple way. MAINEY flat sold kiya aur phir nya Undrcnstrctn Flat Last year liya ,Rgstry hugyi hy mere naam pr , KYaa Ab osku Daughter ku Gift kr skti hun?? 2 Years sirf huwey hein Nya flat lekr . Buildr pssssion nahi diya h, BUT osmey hum Reh rhyein hein. Builder ki prmssion sey , . PLzzź btaayii kyaa sahi krna huga . jismey LTCG / tax compliance Nai notice aayye , ThankU.
@expertcasachin, Sachin Ji thanks for your video, it is really helpful. I have question on duration on considering it as long term capital gain of a registered property. Is this going to be calculated from date of BBA or handover date from builder after registration?
Sir very very nicely explained. I have one Q: we sold a land worth 60lakhs and we bought another land within 1 year, worth Rs80lakhs- in another city----> will my capital gain be saved. kindly explain.
very nice information. In mutual funds, is the LTCG exemption of 1 lakh applicable for one single mutual fund investment or that is applicable for 4-5 mutual funds in our account?
I sold out two commercial property purchased 1993 and purchased a new and only one Resident property a lots of capital remains how to handle rest of the money ?
Useful information Pse y batayai ki wife kai naam per commercial property hai kya usko sale ker kai residential property lai saktai hai hai to kya LTGF milaiga. Ya Commercial property hi lai saktai hai.
Me plot bechne per jo amount aae hai vo me half plot me and half 54ec bond me at a time invest kar sakta hu kaya esse mera capital gain bach sakta hai kaya muje 82 lakhs ka capital gain hua hai please advise
Sir I had one plot trough govt scheme in 2009 for apex 5 lack now I want to sell the same for approx 9 lakh what will be the rate of tax or how can save it
Sir, hire n purchase basis par housing board ke flat ki valuation capital gain ke liye kaise karen.Transfer fee,ground rent aur property tax kya cost me add honge.pl.tell in detail.
Jab hum koi under construction property buy karte hain iska possession toh kuch saal baad milta hai toh, possession k baad kitne saal baad sale karne se ye long term capital gain tax benefit le sakte hain?
Very important information you have shared sir, thank u for this video. I have 1 question should that person have to file ITR ( even if they have no any income sources ). Is is mandatory to file ITR ?
sir hame gift me dec 2021 me mile the hamne us property ko aug 2022 me bech deya hame kis hisab se tex dena hoga jab gift me mile the to uske vlu 12 lakh the hamne beche 20 lakh me ham kaise tex bachaye
In case of joint owner of the property sold whether investment in bonds can be made individually or in joint names to claim exemption under section 54EC & which date has to be considered for buying the bond within 6 months, whether date of agreement or date of part payment made by buyer?
Sir mere father ki inheritance mai residential property hai ab wo property sale kar rhe hai lekin buyer kah rha hai ki wo pehle residential building ko plot karwayega phir registy karega sir my question is cost of acquisition ka deduction plot ka milega ya buildig ka le sakte hai indexation benifit lena hai 2001 ka sir ? Pls reply buildin ya plot ka fair market value le 2001 ka ??🙏
Itni positive deep knowledge koi nahi deta sir
I like this
Aap se milna chahta hu
Thanks
Thanks 🙏🏻
bahut hi practical tarike se explain kiya sir apne ...
K(j
Your information is too good and to the point, with excellent practical examples👍
Ca expert sachin sir your teaching style is very good it is really helpful for beginners and professional also I am income tax practioner I always watch your videos it is very helpful you are really doing good work gbu 👍👍❤️❤️🙏🙏
Thanks 🙏🏻
Aap great hai sir
Aapki vedio dekh kar tension km ho jaati hai
Fantastic information 💁♀️👌
Excellent informative video sir
Very informative. Good
Brilliant narration. Simple content 🎉. Easy to understand. Keep up the good work 👍
Thanks a lot!
This is the best video on Capital Gains. Sachin, if I am investing in an under construction property one year before the property sale and one year after as well, can I add up the entire slab payments before the sale or after to consider in tax exemption?
Thanks 🙏
Yes
नमस्कार सर् जी आपका vdo देख कर बड़ी खुशी मिलती है ।आप बहुत ही अच्छे तरीके से समझाते है सर् ।मैं एक जानकारी चाहता हूँ सर् ।मेरी पत्नी ने एक प्लाट सन 2004 में लिया था durbhagybas 2005 में उसकी मृतु हो गई उसके बाद वो प्लाट खतौनी में मेरे नाम दर्ज हो गया ,जिसे मैंने उस प्लाट को सन 2022 में बेंच दिया ।क्या इसपर हमे टैक्स लगेगा सर् ? उस पैसे से मैंने 2023 मे प्लॉट खरीद लिए हैं ।
Yes
But can save tax
Contact near ca or us at 9319333248
Capital gain is very crucial computation so do t ignore it
Also share my videos in ur WhatsApp and circle
Mr. Sachin, I am highly impressed with your knowledge and expertise. Just advice, if one brother sells his 40 year house , can he buy ahouse in the name of his brother out of Capital gains amount to avoid any Tax.
Query not clear
really good with minute details
Thanks 🙏
Thank you, sachin ji
Thanks 🙏
Sir how capital gain is calculated on redevelopment property as my old home is demolished and reconstructed with additional area. And old home was under pagri system
Thanks good information 👍
Nice and practical information 👌
Thanks 🙏🏻
@@expertcasachin house already h,usko renovation Mei capital gain tax ka Faida milega kya ?
Yes
Very useful information
Thanks a lot
If husband n wife sell jointly owned R. prop. Will capital gain be divided 50:50 and tax applicable on their share separately and they will enjoy limit of Rs 50 lac each separately.
Valuable points considered
Thanks for this video
You have explained very methodologycally. Please share your details. I am a senior citizen retired from govt. service.
9319333248
Please make video on capital gain tax exemption for senior citizens
Very Informational
Glad you think so! Thanks 🙏
Sachin bhai aj ki apka channel dekha aj tak itna simple or acche se kisene nhi samjhaya thank you mera ek question Hai hum apne saare property sale kar rahe cost is High property on father name joint family so kya new House or flat lege wo father ki jagah unki wife mere mother ya mere khud k naam pe le sakte as he is paralysed nd in bed return not filed from last few years as not in slab KINDLY explain
Yes can
Very Informative
Sir i was sale my house in the city (inside the municipal area) and again within time i was purchased house outside city on agricultural lend conversation of lend is due can i take benifit of sec54 of income tax act plz tell me
Sir,your vedio hamesha achchi hoti h.share k ltcg se rec k bond le sakte h kya?
Yes
2:10 you could have clarified the date of purchase as date of booking and allotment and not the date of possession or registry. Excellent video though.
Good explain sir👌
Sir, if property sold in LOSS then what is the position of the tax ?
Thankyou very much sir
Most welcome 🙏
You are explaining everything very well. Thanks for your social service. I have one doubt that whether it is allowable to sell two residential properties to purchase to residential houses in different cities of india to avail benefits of capital gain, since my sons living in two different states. I am waiting for your reply. Thanks.
Yes but I need some more facts for proper advice
So either contact near ca or us at 9319333248
O.K Thanks.
Plot leke uspe apartament bana skte hai?
Yes
Awesome 👍👍👍👍👍👍
Sir tds ke uper ek video bna do ..
Kya residential property sell karke plot aur agriculture land buy kar sakte h ?
Can we give capital gain amount to any relative ?
Sir wedding expenses Jo aab bol rahe hai uska exemption mil skta hai kya
Sir agar kisi property par loan le rakha h
Vahi property sale kar di for repayment of home loan
Phir exemption nahi milegi na
Sachin ji, Good information nicely explained. Some confusion, {Point No. 8} you mean to say , If the second property has been purchased to save long term capital gain arrived from 1st property, it should be retained for 36 months to get the long term capital gain arrived at by selling the 1 property
Yes need to hold new purchase house
Can i use capital gain amount for interior design work??
Sir jo construction vaala case hai capital gain ke paise se 3 saal baad vo koi already koi doosra kharida hua Ghar le rakha hai uski reconstruction pe lagaana hai ya koi kharida hua plot hai bahut pehle jo 1 saal pehle yaa 2 saal baad ke under nai aata ....uspe bhi construction karva sakte hai khaali plot mein
Make some programme on nri investment in Indian listed share
Sure
Share market ke liye current account kholna hai to Kese khulvaye gst hona chaiye kya
Most Important Query :
Mrs. ABC (Female)
Age = 70 years
Chawl room gone for SRA project and got possession in 2011.
As per the Income Tax Section 54 this is exemption for SRA development.
Then this flat sold on Jan-2024 of Rs. 60,00,000/- (FY_2023-24).
TDS deposited by purchaser & reflected in Form 26AS (FY_2023-24) @1% Rs.60,000/-.
Consideration has been credited in bank account in FY_2023-24 :
-> Rs. 5,00,000/- (Jan-24)
-> Rs. 55,00,000/- (Feb-24)
Now she is going to transfer this amount to her both daughter in ratio @ 50:50 & deciding for making Gift Deed on stamp paper for taking Income tax exemption benefit u/s.56(2) of Income tax act in month of May-2024 (FY_2024-25).
So, my question is that, how to show this transaction in Income tax return for FY-2023-24 & 2024-25.
Need discussion and paper for proper advice contact on 9319333248
Property ka initial rate nhi pata, Great grandfather ke time se land thi before 1970, us time koi registry nhi thi. Ab agar sale karte hain 30lakh ka sale registration hua hai, to isme kya calculation hogi ? Ab .. if sold in 2022-2023
Good information but sir what tax i have to pay if i sell ancestral property which not mentioned any sale deed or any deeds only succession deeds so how much tax or no tax
Please reply 🙏
how to save capital gain after selling residential plot??????????
C.A.Sachin sir, you are very very intelligent and how beautifully you explain every snallest things..waah....God always bless you sir.
Thanks 🙏🏻 call me sachin only 😊
Sir,
Is cost indexation benifit is allowed in short term capital gains by sale of house before 2 years.
What about NRI buy perpetry in India
June2023, mai flat liya or ab sell kerna chathi hu
Ab plot kharidana chatihi hui jo 20 lac ki h but capital gain 38 lac ka ,how can save tax pls guide
Agriculture land nahi le sakta hai kya
Can we buy new property on loan first and then sell old home later then can we adjust capital gain?
Sir Capital gains account mein jo interest milta hai use monthly ya quarterly withdraw kar skte hai?
Good
Nice video sir. Can you pl explain the transfer of CG amt to relative and non applicability of CG tax.
सचिन जी 🙏🏻,
मेरा मार्गदर्सन कीजिये...
04 सितंबर 2009 मै, फ्लेट खरीदा था (Rs. 26,36,250)
03 जून 2024 को बेचा Rs. 64,25,000)
ब्रोकरेज (Rs. 50,000) नेट सेल (Rs 63,75,000)
26/07/2024 को रजिस्ट्री हुई
1, ओल्ड रिजिम के हिसाब से... (90,938 का लॉस हैं )
2, न्यू रिजिम के हिसाब से... (37,38,750 प्रॉफिट हैं)
मुझे क्या करना चाहिए किर्पया बताये
No tax but advice you contact near ca or us at 9319333248 for proper calculation
sir do we have to buy land of capital gain or whole sale amount ? Eg-property sales of at 50 lakh so capital gain comes at 20 lakh after indexation etc so we have to buy another residential house of 50 lakh or only 20 lakh to save tax?
Propert means land or house
What u sale ??
@@expertcasachin residential house sir
@@expertcasachin residential house sir
sir aapka andaaz ,excellent hey, Teaching all Points in simple way. MAINEY flat sold kiya aur phir nya Undrcnstrctn Flat Last year liya ,Rgstry hugyi hy mere naam pr , KYaa Ab osku Daughter ku Gift kr skti hun?? 2 Years sirf huwey hein Nya flat lekr .
Buildr pssssion nahi diya h, BUT osmey hum Reh rhyein hein. Builder ki prmssion sey , . PLzzź btaayii kyaa sahi krna huga . jismey LTCG / tax compliance Nai notice aayye , ThankU.
CA Sir, English Subtitles/captions will be Greatly Useful.
Sir can I get LTCG tax exemption in case I purchase residential property first and later sell my old property
@expertcasachin, Sachin Ji thanks for your video, it is really helpful.
I have question on duration on considering it as long term capital gain of a registered property. Is this going to be calculated from date of BBA or handover date from builder after registration?
BBA
But take proper advice with paper
Sir very very nicely explained. I have one Q: we sold a land worth 60lakhs and we bought another land within 1 year, worth Rs80lakhs- in another city----> will my capital gain be saved. kindly explain.
Thanks! 😄
Whether father can invest capital gain of residential property in construction of floors of son' s residential house property ...
Ram Ram Bhai Ji house bech kr Agriculture land le sakte h kya
very nice information. In mutual funds, is the LTCG exemption of 1 lakh applicable for one single mutual fund investment or that is applicable for 4-5 mutual funds in our account?
1 lakh LTCG exemption is for a single individual in a financial year for all equity investments including equity mutual funds and stocks.
great sir
Thanks 🙏
Means invest utna hi karna hai. Jo profit Hua hai. Full capital amount investment nhi hai...am I correct?
Verry nice sir ji
What is power of attorney?
Brilliant
share of lift cost is allowed in the construction cost
I sold out two commercial property purchased 1993 and purchased a new and only one Resident property a lots of capital remains how to handle rest of the money ?
Useful information
Pse y batayai ki wife kai naam per commercial property hai kya usko sale ker kai residential property lai saktai hai hai to kya LTGF milaiga.
Ya
Commercial property hi lai saktai hai.
Yes 54F
Bhot shandar
Thanks 🙏🏻
Sir plot becha tha lekin stcg hai uspe tax kese Bach sakta hai?
Me plot bechne per jo amount aae hai vo me half plot me and half 54ec bond me at a time invest kar sakta hu kaya esse mera capital gain bach sakta hai kaya muje 82 lakhs ka capital gain hua hai please advise
If flats are taken against non agriculture plot by development of plot through builder.Then LCGT is applicable or how ?
C. A sachin sir mene old profity sold kiya hai to ,, 29 year old profity Tax kam hota kya
Dear I need discussion and paper for proper advice contact on 9319333248 with paper
Please clarify whether we can invest in bonds sale proceed (long term) of equity shares.
No
Very useful information. Please let us know how is previous 1 year calculated ? Previous financial year or actual date of purchase and sell
From date of sale
Your video really very practical, unlike others
Agar purchase date Nov 22 and sale date Dec 23 hai to long term capital gain exemption milega ?
Sir I had one plot trough govt scheme in 2009 for apex 5 lack now I want to sell the same for approx 9 lakh what will be the rate of tax or how can save it
Sir, hire n purchase basis par housing board ke flat ki valuation capital gain ke liye kaise karen.Transfer fee,ground rent aur property tax kya cost me add honge.pl.tell in detail.
Contact on 9319333248 will help
We will waiting for next video
Jab hum koi under construction property buy karte hain iska possession toh kuch saal baad milta hai toh, possession k baad kitne saal baad sale karne se ye long term capital gain tax benefit le sakte hain?
Very important information you have shared sir, thank u for this video. I have 1 question should that person have to file ITR ( even if they have no any income sources ). Is is mandatory to file ITR ?
Not mandatory
Agar me ek property bech kara ke
Do property lena hai to le sakkata hu
Hi, can you please confirm, can we purchase a under construction property using capital gain from selling one property
Yes
sir hame gift me dec 2021 me mile the hamne us property ko aug 2022 me bech deya hame kis hisab se tex dena hoga jab gift me mile the to uske vlu 12 lakh the hamne beche 20 lakh me ham kaise tex bachaye
In case of joint owner of the property sold whether investment in bonds can be made individually or in joint names to claim exemption under section 54EC & which date has to be considered for buying the bond within 6 months, whether date of agreement or date of part payment made by buyer?
property. बेचकर म्युच्युअल फंड मे invest कर सकते हैं क्या.
Yes but subject to conditions
Execelent
Sir mere father ki inheritance mai residential property hai ab wo property sale kar rhe hai lekin buyer kah rha hai ki wo pehle residential building ko plot karwayega phir registy karega sir my question is cost of acquisition ka deduction plot ka milega ya buildig ka le sakte hai indexation benifit lena hai 2001 ka sir ? Pls reply buildin ya plot ka fair market value le 2001 ka ??🙏
Is residential plot considered as residential house property?
Yes
But as a plot not house
@Sachin sir, if someone have sold the flat with existing home loan, so how the LTCC calculated?
Need discussion and paper for proper advice contact on 9319333248
Sir property sell karne ke kitne time baad tak bhi i capital gain account khola ja sakta hai
Already uploaded complete video on this pls watch in playlist
Sachin Bhai ji Section 54F ki exemption ke liye kya capital gain ke liye indexing ka benefit milega...
Yes always