@@expertcasachin construction cost ke bills ki payment hmme account se krni jruri aa ya cash payment krke bills bhi lai skte??? Cash payment bill accepted???
Thank you sir for so manh clarification. But can you also show it how to fill it in ITR. And definetly no one sale the share at the same time they sale it at different time to how the entries are adjusted. Also some people do first take the land and do construction so how are those entries shown
LTCG for Indian stocks is 1 year holding period . If I sell that stock after 1 year and have capital gain - can't that amount be used in Section 54F ?? You mentioned that it is 2 years holding period. Please clarify.
Very nice video very easy to to understand thank you, but i have a query by selling plot if one got only 10 lakhs then also we have to pay cis there any exemption on medical grounds or old age
Jis commercial property pe depriciation le chuke hai vahi property bechne kar ghar lene par bhi 54f section ke tehet , capital gain tax me chhut nahi milengi aisa mera CA bata raha hai aap please margdarshan kare dhanyawad
Hi! what about purchase of apartment with payment plan for multiple years. can i keep selling shares each financial year and set off LTCG against the installment payments every year?
In case of construction, will bank pay plot payment from capital gain account scheme on which I want to construct the house? Will there be any issue from bank for plot payment?
Can we put capital gains in 54EC bonds for sell of depreciating asset held for long term,like office shown as depreciating asset. If property is sold in December and can we put 50 lakh in January and 50 more in April. As per citation in Tax Guru, they have written that 1 crore exemption can be taken for depreciating asset. I'm doubting this. Only 50 lakh as usual or one crore in two FY, within six months. Please advise.
Sirji commercial property bechne par pura salekiya. Eg. 100rs.ka sale commercial property. Phir maine 75 rs. Ka residential property liya ab baki ka 25 rs. Kya karu
Sir ji, for example .. if a residential property is sold for 45 lakhs and within 3 years a residential property is purchased for 10 lakhs; what is the tax implications?
Sir ek property maine purchase ki jiska possession mujhe 2019 mila thaa par uski registery 2023 me hui hai, or ab 2023 me maine ek or property bechi hai to kya mai pichley wali property ki deduction u/s 54f me le sakta hoon kya
Maine last year agriculture land ka ek part sale kia tha..or ghar ka construction chal raha tha to IT section 54f m deduction lia tha..is saal agriculture land ka ek or part sale kia h or us ghar ka construction abi chal raha h.. KYA MAIN IS BAAR BHI 54F KA DEDUCTION LE SAKTA HU?
Sir meri mother ne 1 commercial property sale kari September 21 mai or Abhi tak November 22 tak koi property nahi li iska tax ban raha hai use kaise bachaye
Is sec. 54F applies to sale of unlisted shares of pvt. ltd. co.? Consideration amt from such sale whether exempted if total is invested in purchase of house/flat?
Sir, can we claim 54F and 54 simultaneously? means if I purchase a house property ,can i claim exemption of both from sale of shares and capital gain of sale of house property in purchase of single house property.
Sir kindly guide... I sell a residential plot and want exemption under 54F so can i invest the whole amount in buying 2 properties (i.e. a residential plot(will construct the building within 3 years) and a flat.)?
if we use the money to repay the home loan of the eligible asset, then it won’t count? means, the payment should directly go to builder? also, you mentioned capital gain account, does it mean I cannot hold this money in my saving account after the sales of long term asset?
Does sale from Foreign stocks and long term capital gain arising from it is also applicable to exemption under sec 54F when we bring the amount to India
What ,if two properties are sold within a yr or One sold one year before and another in the next year How to calculate capital gains tax in both cases,if only one house is purchased I lieue of this
Sir I want to know if a person sells the property with gain nearby ten lakh and then after I purchase the builders flat with more than 15 lakh cost of capital gain after a month Then there will be any short term gain or not
My case is currently i own one flat and I and my wife both invest in mutual fund seperately. After 5 years can i sell my current flat and buy new flat using old flat sale value + amount recieved from sale of mutual fund, can we both claim long term capital gain exemption as we both will be co owner, 54 + 54 f
Sir, glad if you help. I have one query. Capital gain is earned by selling property. Share of property is 25%. Accordingly I will treat everything like expense, cost of acquisition as 25% while filing itr2. But what amount do I have to put in buyers section, the whole sale consideration amount as per agreement or only 25% which I have received whiling filing itr2.
Sir jee, I purchased a residencial flat by my fixed deposits and afterwards I want to sell my own residencial flat within 6 months from date of selling....can I get exemtion under 54 F ?
Sir I have mutual fund units and want to redeem it which will attract LTCG. I am planning to construct house on already purchased plot 2 years back. Shall I be eligible for 54F exemption, if I use all the money received for construction. Can I use the amount received for home loan repayment.
Hello Sachin sir. Very informative video. I have purchased a plot and started construction 11 month before selling my capital asset. Construction of my residential house is completed 02 month before the sale of capital asset. Can I get exemption under 54F
I had booked a under construction flat in FY 15-16 with 25K, after that builder take payment as per construction progress and finally flat completed on FY 19-20. Registration of flat also done at the same time. What will be my purchase date? Date of sale agreement with builder is 20.01.2016 & registration date is 18.07.2019
FY 23-24 में equety म्यूच्यूअल फण्ड 15 लाख का बेचा जिसमे लाभ हुआ,पर 5 लाख और लगाकर 20 लाख का equety म्यूच्यूअल फण्ड उसी FY में खरीदा।क्या कैपिटल गेन में डिडक्शन मिलेगा।मतलव कैपिटल गेन जीरो होगा?
Sir, Maine 2 flat eksath kharide hai 30lk each with different registry(dono flat ek hi building me hai aur dono hi ek wall se jure hue hai matlab aju baju hai) To kya mujhe 54F ka exemption milegi? Agar milegi to kya ek flat k upar milegi ya fir dono pe?
Sir mera ek property hai, wo me bechnewala hoon..So usse jo milega, me stocl kharid ke share market me investment karke income tax exemption kar sakta hoon kya? ( Suppose for 30 lakhs buying stocks for 2 yrs)
@@expertcasachin for example net sale 70 lakh hmne construction mei 60 lga diye & 10 lakh pr tax pay krdiye ye thik rhe ga??? Construction Bills ki payment cash kr skte???
sir yadi kisi ko share market se 1year ke ander 2-3lakh ka profit hota hai to Apne old Ghar ko Construct karwa sakta hai to is par kitna Tax Exemtion milega
थैंक्स भाई भाई आपके सारे वीडियो देखने हैं आपने अपना पहला वीडियो कब लोड करा था यूट्यूब में बता सकते हैं उसका लिंक भेज दीजिए या डेट बता दीजिए जिससे कि मैं आपके सारे वीडियो देख सकूं
Very informative. ... You are really knowledgeable. Thank you. Can you tell me, if I reinvest my mutual fund long term gain to buy a resale house (old house or villa), Shall I get exemption under 54F? Please let me know. 🙏
plot in the name of tax payer. sold and proceeds received. such proceeds are transaferred to daughter and new house purchased in the name of daughter. can wife take exemption us 54F?
If we sold 2 residential property in different FY and purchased one residential property, can i claim capital gain exemption for both property against the one property sold. Below is the example: Property 1 Sold in - FY 22-23 ( i.e in Jan'23) and Capital gain - 30 Lacs Investment in residential house in FY 22-23 (i.e. in Mar'23)- Investment Value - 60 Lacs Another asset sold in FY 23-24 ( in May'23) capital gain of 20 lacs. Can I adjust capital of 50 lacs arised from 2 properties and adjust the same with the investment of 60 Lacs in 2 different FY?
Sir my wife has sold shares of worth Rs 34000/- and shares were purchased in year 2007 ,sold this month November 2022 , She want to close the demate account now. What should she do of that money, will she get exemption in tax or should continue invest same money in shares and not close demate account. Please advise
Can we put 2 yrs net consideration from sale of shares in CGAS and then purchase property eg- 1st time in Feb23 next time in sep24 and then purchase before mar24 (basically can we show same propert for 1 year after and 2 years before in 54F for 3 yrs deduction)
I am going to sell a non-agricultural land, which is recorded in my own name only. Can I receive the sale proceeds in joint savings bank accounts with my wife? I have a single s.b.account in a rural bank only, with limited transaction. Can i take the amount through neft or rtgs in sbi joint account with my wife. Please reply me.
Sir the vedio is very good & easy to understand. I have one query. I have purchased a plot 18 months back, now one customer is available who is intrested in purchase of this plot. In oreder to claim exemption ubder Sec 54F, can I sign agreement to sale with some token money now and actul sale the plot after completion of 24 months, i. e. Sale deed after completion of 24 months and then purchase a flat. I do not have residential property in my name but 2 flats are in the name of my husband, whether I am eligible for benifit under Sec 54F? I am filling my IT Returns regularly for last 12 years.
Nice video We are 14 legal heirs of my grandfather's property, 12 of the heirs will relinquish their rights in the property, those rights will be transferred to myself and the son of my late father's deceased brother, who is also a legal heir. In consideration for the transfer, both of us will be making a payment X to the other heirs and after that we will sell the house. What will be the capital gain for me as I will get 1/2 share will it be long term or short term capital gain?
Excellent video sir. I have one query if I had purchased an under construction flat 30 months back but possession will be in the next six months. Now I have capital gain of shares whether I am eligible Flat purchase date or possession date will be considered Secondly I have pending payment to the builder which is more than the value of share sold And in the same property I have to do the interior whether that amount is also eligible Thanks in advance
सचिन भइया.. Dream11 मे jayda पैसा jeetene पर, टैक्स कटने के बाद जो पैसा मिलता है उसे direct अकाउंट मे ट्रान्सफर कर सकते हैं या कुछ और फ़ॉर्म हमे इधर से भरना होगा..?? Replay दे देना sir
Sir I have purchase plot on plot construct house on village registry plot low Amount you now all expenses cash payment which cost of house if I sold house with in one year short capital gain I have only one house village in which percentage tax
This is long case 2017 - > Bought Unlisted shares worth 30 lakhs 2020 Dec - Booked an apartment - 2.6 lakhs Booking amt 2022 June - Sale consideration at 3.41 crores. 3.41 crores will be paid in 5 year span from 2022 to 2026 2022 - 1.02 crores (paid) 2023 - 68 lakhs 2024 - 68 lakhs 2025 -54 Laksh 2026 - 54 lakhs Cost of apartment is 1.2 crores including registration. Amt will be paid by June 2023 House will be registered on Oct,2023 after completion of slabs. Interior starts and completes by march 2024 I assume 1.2 crores+40 lakhs (interior work) Question: Should I park 40 lakhs for interior work in capital account scheme for interior work or transfer 40 lakh to interior guy before filing date . Can this 40 lakh exempted. AC,furniture,modular kitchen,change of flooring, electronics goods cost can be shown as house to be liable?
Bohat bohat dhanyavad sir
Thanks 🙏
Interior in flat can be considered for gain exempted under 54 f ?
Thank you Sir. In very simple language you have explained sec. 53F of I T. Act., Expecting more videos like this.
54F hai
@@expertcasachin construction cost ke bills ki payment hmme account se krni jruri aa ya cash payment krke bills bhi lai skte??? Cash payment bill accepted???
Thank you sir for so manh clarification.
But can you also show it how to fill it in ITR. And definetly no one sale the share at the same time they sale it at different time to how the entries are adjusted. Also some people do first take the land and do construction so how are those entries shown
Sir आपकी वीडियो बहुत जानकारी होती है
🥰
LTCG for Indian stocks is 1 year holding period . If I sell that stock after 1 year and have capital gain - can't that amount be used in Section 54F ?? You mentioned that it is 2 years holding period. Please clarify.
Thanks 👍
Welcome 👍
Sir agricultural land sell karne ke baad 54F se exemption le sakte hai kya?
54 and 54B only
mutual fund or etf gain exempted hai kta?
Makan banana Mei choose milegi ya nahi
Yes
Kya husband aur wife 2 alag alag individual mane jayange n
Dono apne 2 aur 2 kul 4 house property rakh sakte hai capital gain ke laabh lene kebliye.
Sir ,Maine 20 saal ild commercial land sale kiya hain aur residential Villa buy kiya hain. kya main Sec 54 F LTCG le sakti hon?
Very knowledgeable information
Sir normal plot tha in residential area usko sale kiya so us case me bhi applicable hai?
Excellent information
😎🙏🏻
Thanks dear keep supporting and sharing videos
Bhai residential plot 54ec mei ya 54f mei consider hoga
Mane kharidne ke time brorage di aur bechne per bhi kya dono ko capital gain me less karenge
Sir Mutal Fund me lagne wala capital gain tax ko bhi kya hum Section 54F me rebate le sakte hai kya or maximum kitna capital gain bacha sakte hai???
Bahut sundar
🙏🏻
Hello Sir, what do we mean by the word possession here ?
Kabja
Can we avail 54F exemption by selling residential land.
?????
awesome vdo
sir agar agriculture land sell kiya hai aur residential mai investment kiya to kya tax lagega ya nhi ?
No
No tax but take proper advice with doc
9319333248
Non agriculture land bechke samne agriculture land le sakte hai...
Very nice video very easy to to understand thank you, but i have a query by selling plot if one got only 10 lakhs then also we have to pay cis there any exemption on medical grounds or old age
No exemption
Jis commercial property pe depriciation le chuke hai vahi property bechne kar ghar lene par bhi 54f section ke tehet , capital gain tax me chhut nahi milengi aisa mera CA bata raha hai aap please margdarshan kare dhanyawad
Hi! what about purchase of apartment with payment plan for multiple years. can i keep selling shares each financial year and set off LTCG against the installment payments every year?
In case of construction, will bank pay plot payment from capital gain account scheme on which I want to construct the house? Will there be any issue from bank for plot payment?
How to claim while filing ITR? Is there any option or not?
Which claim??
@@expertcasachin the deduction of the capital gain amount so that it doesn't become taxable under sec 54F
Can I purchase agricultural land for construction of farm house
Can we put capital gains in 54EC bonds for sell of depreciating asset held for long term,like office shown as depreciating asset. If property is sold in December and can we put 50 lakh in January and 50 more in April. As per citation in Tax Guru, they have written that 1 crore exemption can be taken for depreciating asset. I'm doubting this. Only 50 lakh as usual or one crore in two FY, within six months. Please advise.
Only 50 lac allowed
@@expertcasachin 🙏🙏
Sirji commercial property bechne par pura salekiya. Eg. 100rs.ka sale commercial property. Phir maine 75 rs. Ka residential property liya ab baki ka 25 rs. Kya karu
Sir ji, for example .. if a residential property is sold for 45 lakhs and within 3 years a residential property is purchased for 10 lakhs; what is the tax implications?
Need discussion dear many facts are there for decisions making so contact near ca or us at 9319333248
Can I use my LTCG under Section 54F for further construction of the house I am already living in ?
Please reply
Yes
To claim section 54 benefit, where the details of advance amount given to purchase new property can be mentioned in ITR? Can you explain Sir
Can I claim 54EC and 54F claimed together in same financial year ?
Namaste
What suppose if we sell our parental property that's on our name
As we already have a property
Pay tax
Is residential plot considered as house? If I have one joint resdential house and 2 resedential plots, then can I get exemption in section 54F?
Need discussion and paper for proper advice contact on 9319333248
If property purchase on 1990. Then cost of acquisition on 2001 is SDV or FMV which ever is lower . Or we take FMV on 2001 plz suggest
Hi Sir
Need more help on capital gain, do you provide services to individuals?
Yes contact on 9319333248
Can I get tax exemption in 54F if I pay the amount which I got this year through LTCG for a Home loan which I purchased this year only?
Can I use capital gain in my son s education abroad
Yes but first pay tax
Sir ek property maine purchase ki jiska possession mujhe 2019 mila thaa par uski registery 2023 me hui hai, or ab 2023 me maine ek or property bechi hai to kya mai pichley wali property ki deduction u/s 54f me le sakta hoon kya
Need discussion and paper for proper advice contact on 9319333248
U r in Mumbai Sirji?
Delhi
Residential " Land" bechne par kon sa exemption allowed hai?
54 ya 54F
54F
@@expertcasachinapne to residential land not including kiya tha video mein
Sir saving account withdrawal limit kya hai
10 lac
Maine last year agriculture land ka ek part sale kia tha..or ghar ka construction chal raha tha to IT section 54f m deduction lia tha..is saal agriculture land ka ek or part sale kia h or us ghar ka construction abi chal raha h.. KYA MAIN IS BAAR BHI 54F KA DEDUCTION LE SAKTA HU?
Need discussion as many facts depends
Hi sir
If we dont have any residential house on our name then can we construct 2 house with capital gain ?
Yes
@@expertcasachin sir does it also apply if we fall under section 54F ?
if i purcahse open plot which is commercial in government map....then also i can claim exemption?
No
Sir meri mother ne 1 commercial property sale kari September 21 mai or Abhi tak November 22 tak koi property nahi li iska tax ban raha hai use kaise bachaye
Contact on 9319333248 will discuss then advise
Namaste Sachin ji
🙏🏻
Sir kya CSC VLE current account me 1 sal me cash withdrawal ki koyi limit hai without TDS
Is sec. 54F applies to sale of unlisted shares of pvt. ltd. co.? Consideration amt from such sale whether exempted if total is invested in purchase of house/flat?
Yes applied
Pvt Ltd company register karne ke liye kam se kam 2 Lakh ka turnover jaruri hai kya?
No
@@expertcasachin thank you so much brother
Sir, can we claim 54F and 54 simultaneously? means if I purchase a house property ,can i claim exemption of both from sale of shares and capital gain of sale of house property in purchase of single house property.
Yes but subject to some conditions so request you take proper advice contact on 9319333248 or near ca
Sir kindly guide...
I sell a residential plot and want exemption under 54F so can i invest the whole amount in buying 2 properties (i.e. a residential plot(will construct the building within 3 years) and a flat.)?
Sir house sale karne ke baad us money ko Bank me FD/MIS me deposit karna chahe to possible hai. Pl clarify kare sirji
Yes
I have been constructed my 2nd floor within one year before selling one long term land.May I get exemption from 54f?
Need paper and discussion contact on 9319333248 or near Ca
if we use the money to repay the home loan of the eligible asset, then it won’t count? means, the payment should directly go to builder?
also, you mentioned capital gain account, does it mean I cannot hold this money in my saving account after the sales of long term asset?
Need discussion for proper advice contact on 9319333248
Can 54 F applied on mutual fund??
Yes
Sir if person owns 1 residential house purchased 5 years before can person take benefit of thia section 54f
Need discussion and paper for proper advice contact on 9319333248
pls explain 80D medical claim
Soon
Does sale from Foreign stocks and long term capital gain arising from it is also applicable to exemption under sec 54F when we bring the amount to India
Yes if ur resident in india
But take proper advice with discussion with CA
What ,if two properties are sold within a yr or
One sold one year before and another in the next year
How to calculate capital gains tax in both cases,if only one house is purchased I lieue of this
Sir I want to know if a person sells the property with gain nearby ten lakh and then after I purchase the builders flat with more than 15 lakh cost of capital gain after a month
Then there will be any short term gain or not
if I have home loan - can I avail SECTION 54F ?
Need discussion and paper for this contact near ca or us at 9319333248
My case is currently i own one flat and I and my wife both invest in mutual fund seperately. After 5 years can i sell my current flat and buy new flat using old flat sale value + amount recieved from sale of mutual fund, can we both claim long term capital gain exemption as we both will be co owner, 54 + 54 f
Sir, glad if you help. I have one query. Capital gain is earned by selling property. Share of property is 25%. Accordingly I will treat everything like expense, cost of acquisition as 25% while filing itr2. But what amount do I have to put in buyers section, the whole sale consideration amount as per agreement or only 25% which I have received whiling filing itr2.
Sir,if husband transfers a flat to his wife or son through gift deed ,will they have to pay capital gains tax when they sell it?
No tax
Sir jee, I purchased a residencial flat by my fixed deposits and afterwards I want to sell my own residencial flat within 6 months from date of selling....can I get exemtion under 54 F ?
I need discussion for proper advice contact on 9319333248
Dear Sir. Please let us know which section is applicable while selling a residential plot after 10 years?
54F
@@expertcasachin Thank you Sachin.
Sir
I have mutual fund units and want to redeem it which will attract LTCG. I am planning to construct house on already purchased plot 2 years back. Shall I be eligible for 54F exemption, if I use all the money received for construction. Can I use the amount received for home loan repayment.
Nice sir ☺️
No agriculture land bechne ke bad agriculture land le sakte hai.
I need discussion and paper for proper advice contact on 9319333248 or near CA
Hello Sachin sir. Very informative video.
I have purchased a plot and started construction 11 month before selling my capital asset. Construction of my residential house is completed 02 month before the sale of capital asset. Can I get exemption under 54F
I had booked a under construction flat in FY 15-16 with 25K, after that builder take payment as per construction progress and finally flat completed on FY 19-20. Registration of flat also done at the same time. What will be my purchase date? Date of sale agreement with builder is 20.01.2016 & registration date is 18.07.2019
Date of agreement with builder.
FY 23-24 में equety म्यूच्यूअल फण्ड 15 लाख का बेचा जिसमे लाभ हुआ,पर 5 लाख और लगाकर 20 लाख का equety म्यूच्यूअल फण्ड उसी FY में खरीदा।क्या कैपिटल गेन में डिडक्शन मिलेगा।मतलव कैपिटल गेन जीरो होगा?
Sir, Maine 2 flat eksath kharide hai 30lk each with different registry(dono flat ek hi building me hai aur dono hi ek wall se jure hue hai matlab aju baju hai)
To kya mujhe 54F ka exemption milegi?
Agar milegi to kya ek flat k upar milegi ya fir dono pe?
I need discussion and document for proper advice sir contact on 9319333248
Sir,
Stocks/mutual fund में long term capital gain एक साल बाद लगता है तो भी ये exception के लिए दो साल के बाद बेचें तो ही मिलेगा?
No
One year hi hoga
@@expertcasachin आपको मालूम नहीं हैं की आपने हमारी कितनी बड़ी मदद की हैं।God bless you
Sir mera ek property hai, wo me bechnewala hoon..So usse jo milega, me stocl kharid ke share market me investment karke income tax exemption kar sakta hoon kya? (
Suppose for 30 lakhs buying stocks for 2 yrs)
Need discussion contact on 9319333248
SIR
PURCHASE OF RESIDENTIAL PROPERTY SHOULD BE DONE WITHIN 2 YEARS?
or necessary to purchase after 2years?
Please guide me
Regards
Contact on 9319333248
@@expertcasachin for example net sale 70 lakh hmne construction mei 60 lga diye & 10 lakh pr tax pay krdiye ye thik rhe ga??? Construction Bills ki payment cash kr skte???
it is within 2 years after the sale of original asset and not; repeat NOT AFTER two years...
I am right or right?
sir yadi kisi ko share market se 1year ke ander 2-3lakh ka profit hota hai to Apne old Ghar ko Construct karwa sakta hai to is par kitna Tax Exemtion milega
Full exemption
I wants to purchase a 10-15 years old flat first time. It is eligible for 54F?
Yes
Ltcg 12 month me mil jayega
24 month
थैंक्स भाई भाई आपके सारे वीडियो देखने हैं आपने अपना पहला वीडियो कब लोड करा था यूट्यूब में बता सकते हैं उसका लिंक भेज दीजिए या डेट बता दीजिए जिससे कि मैं आपके सारे वीडियो देख सकूं
खासकर लोंग वीडियो
June 2021
Very informative. ... You are really knowledgeable. Thank you.
Can you tell me, if I reinvest my mutual fund long term gain to buy a resale house (old house or villa),
Shall I get exemption under 54F?
Please let me know. 🙏
Yes
Sorry missed the message
plot in the name of tax payer. sold and proceeds received. such proceeds are transaferred to daughter and new house purchased in the name of daughter. can wife take exemption us 54F?
Have u done transaction yet or not ??
If we sold 2 residential property in different FY and purchased one residential property, can i claim capital gain exemption for both property against the one property sold.
Below is the example:
Property 1 Sold in - FY 22-23 ( i.e in Jan'23) and Capital gain - 30 Lacs
Investment in residential house in FY 22-23 (i.e. in Mar'23)- Investment Value - 60 Lacs
Another asset sold in FY 23-24 ( in May'23) capital gain of 20 lacs.
Can I adjust capital of 50 lacs arised from 2 properties and adjust the same with the investment of 60 Lacs in 2 different FY?
I need discussion dear for proper advice can plan
Sir my wife has sold shares of worth Rs 34000/- and shares were purchased in year 2007 ,sold this month November 2022 ,
She want to close the demate account now.
What should she do of that money, will she get exemption in tax or should continue invest same money in shares and not close demate account.
Please advise
Sir it is not taxable one lac no tax so close dmat and use money for holiday enjoy
Thank you Sachin ji
Suppose if u don't want to invest again in any property, to uska solution kia hai
You will have to pay tax on capital gain if not invested.
Can we put 2 yrs net consideration from sale of shares in CGAS and then purchase property
eg- 1st time in Feb23 next time in sep24 and then purchase before mar24 (basically can we show same propert for 1 year after and 2 years before in 54F for 3 yrs deduction)
Need discussion and paper for proper advice contact on 9319333248
I am going to sell a non-agricultural land, which is recorded in my own name only. Can I receive the sale proceeds in joint savings bank accounts with my wife? I have a single s.b.account in a rural bank only, with limited transaction. Can i take the amount through neft or rtgs in sbi joint account with my wife. Please reply me.
How many times can a person do 54F in life?
Depend fact to fact
Sir the vedio is very good & easy to understand. I have one query.
I have purchased a plot 18 months back, now one customer is available who is intrested in purchase of this plot. In oreder to claim exemption ubder Sec 54F, can I sign agreement to sale with some token money now and actul sale the plot after completion of 24 months, i. e. Sale deed after completion of 24 months and then purchase a flat. I do not have residential property in my name but 2 flats are in the name of my husband, whether I am eligible for benifit under Sec 54F? I am filling my IT Returns regularly for last 12 years.
Yes can do but better take proper advice with paper contact on 9319333248
Nice video
We are 14 legal heirs of my grandfather's property, 12 of the heirs will relinquish their rights in the property, those rights will be transferred to myself and the son of my late father's deceased brother, who is also a legal heir. In consideration for the transfer, both of us will be making a payment X to the other heirs and after that we will sell the house.
What will be the capital gain for me as I will get 1/2 share will it be long term or short term capital gain?
Need discussion and paper for proper advice contact on 9319333248
Excellent video sir.
I have one query if I had purchased an under construction flat 30 months back but possession will be in the next six months. Now I have capital gain of shares whether I am eligible
Flat purchase date or possession date will be considered
Secondly I have pending payment to the builder which is more than the value of share sold
And in the same property I have to do the interior whether that amount is also eligible
Thanks in advance
I need discussion and paper for proper advice contact on 9319333248
सचिन भइया..
Dream11 मे jayda पैसा jeetene पर, टैक्स कटने के बाद जो पैसा मिलता है उसे direct अकाउंट मे ट्रान्सफर कर सकते हैं या कुछ और फ़ॉर्म हमे इधर से भरना होगा..??
Replay दे देना sir
No form
Only file itr in July 2023
@@expertcasachin... ठीक है भईया, क्या ces चार्ज और कुछ 2 - 4 % देना पड़ता है...??
मै जैसे ही win करूँगा आपसे contact करूँगा 🙏
Sir I have purchase plot on plot construct house on village registry plot low Amount you now all expenses cash payment which cost of house if I sold house with in one year short capital gain I have only one house village in which percentage tax
As per slab rate
As you told Individual/HUF can claim this. So a Muslim can't claim this?
Muslim comes under Individual so any one can claim
This is long case
2017 - > Bought Unlisted shares worth 30 lakhs
2020 Dec - Booked an apartment - 2.6 lakhs Booking amt
2022 June - Sale consideration at 3.41 crores.
3.41 crores will be paid in 5 year span from 2022 to 2026
2022 - 1.02 crores (paid)
2023 - 68 lakhs
2024 - 68 lakhs
2025 -54 Laksh
2026 - 54 lakhs
Cost of apartment is 1.2 crores including registration.
Amt will be paid by June 2023
House will be registered on Oct,2023 after completion of slabs.
Interior starts and completes by march 2024
I assume 1.2 crores+40 lakhs (interior work)
Question:
Should I park 40 lakhs for interior work in capital account scheme for interior work or transfer 40 lakh to interior guy before filing date . Can this 40 lakh exempted.
AC,furniture,modular kitchen,change of flooring, electronics goods cost can be shown as house to be liable?