Sir, you have explained in a very explicit way. You deserve appreciation for this. Sir, we few senior citizens time and again requested you to upload a video as to how to prepare 10E for exempted (Tax Free) Arrears as follows recd. after one year of retirement : 1. Arrears of Leave Encashment (tax free) 2. Arrears of Gratuity (tax free) 3. Arrears of Commuted Pension (tax free) 4. Arrears of Compensation (tax free) Whether the ememption of these ca be taken in ITR under Section 89 or 10 Or 10E is must to get exemption. We have already sent you full details of income for FY 2021-22 of our colleague brother. Please guide, help and co-operate now. You have already assured us that you are preparing the same. Hope our request shall find a priority now. God bless you. Kind regards.

1)LLP company kaise chalate hai? 2)mujhe llp company banani hai lekin company run kaise hoti hai? 3)company owner apni kamai company se kaise leta hai? Please, sir ispar urgently video banaye.

Very useful information thankslott.

Good description given.Compliments Sir.

Sir, I bought a new property by taking a loan. After that, if I sell my old property, can I clear that loan? Will I have to pay capital gains tax on that too? Can you give me any information in this regard also?

Excellent analysis of property tax 🎉🙏🪷🙏

मेरी माताजी ने उनका मकान मुझे गिफ्ट कर दिया, इस पुराने मकान को तुड़वाने के बाद नया मकान बनाना चाहता हूं इस कार्य के लिए capital gain a/c की राशि का उपयोग कर सकता हूं

Sir aapke samjhane ka tarika bahut accha hai

What is the capital gain from 🏠 property.. residential..is it capital gain or tax on capital gain..ie after 20 percent?

Property purchased in 2014 at circle rate of 40 lakhs. Sold in 2022 at current circle rate of 60 lakhs. What treatment to capital gain tax will be given? Hope to hear from you.

Sir plz make us learn how to calculate capital gains.of land and building bought and constructed at different period..and sold togather..and hw to save under section 54

Sir, Please advise - what amount should deposit in capital gain a/c by selling flat in year 2023 ,( bought in 2015) 1) Full sale value,as per sale deed 2) only capital gain amount, after calculation

Thanks for advice

Whether Rebate u/s 87-A is available on Capital Gain Income. As also exemption u/s 80-C, 80-D, 80-G etc. are available fron Long Term Capital Gain Income.

Sir what About Urben Agriculture land Need to pay Capital Gain Tax ? On it Also ? It's under muncipal corporation range for stamp duty calculation

Sir very good information. Keep it up.

Very good presentation thanks

नमस्कार सर मैंने 11 मई 2014 में एक प्लौट 645000 में खरीदा था 10310 रजिस्ट्री आदि का खर्च हुआ 4 जनवरी 2021 को 1887000 में सर्किल रेट पर बेचा कैपिटल गेन कितना होगा, व इनकम टैक्स कितना देना है

I purchased a 342 sq yd plot in Gurgaon on installments for R1.5 lakh in 1983. Last installment was paid in 1989. But possession of plot was given to me in 2001. Now I want to sell the plot. Gurgaon Circle rate is R50000/sqyd. Market price of plot is R4 crore. How do I calculate indexed cost of plot and capital gain. Please advise.

Thanks for educating

Expert CA Sachin ji . Very goood VDO for knowledge to shale & Purchage of property. regarding Income TaX . with thanks

Hello sir I m regularly following your useful videos on WhatsApp. I have only 1 question ?? As in this example in this video - u have told if the stamp duty value is rs 68Lac & sale consideration amount is 60 Lac then the buyer have to add the difference of rs 8 Lac in his ITR as income from other sources & tax will be levied as per tax slabs. But what implications will be on buyer if the difference between the sale consideration amount & stamp duty value is Less than 10%. Lets say sale amount is rs 60Lac & stamp duty is rs 65Lac in your example. Regards

I am selling my cooperative society membership to a builder who pays me in instalments, how shd I calculate the LTCG and what can I do to save some tax?

Sir can capital gain from plot sale(june2022) be used to pay home loan(taken in may2019).

Mutual fund and share sell value will be considered as income over and above capital tax gain

Wel explained Sir!

LTCG 60 L ( FVC 100 L ) Can I invest as under to claim full 60 L exemption 1. Residential house 1st 30 L 2. Residential house 2nd 15 L 3. Tax saving Bonds REC 15 L

बहुत अच्छी jankari

please explain LTG. for equity shares

Sir, from where can I know/ get the CIRCLE RATE of my locality? Who is the Authority to tell me the CIRCLE RATE? Which is the office locally?

I made capital gains from the sale of my residential property on FA 23-24, and I am currently in the process of purchasing a new residential plot for construction. Am I allowed to open an LTCGS (Long Term Capital Gains) account after July 31 but before December 31, and subsequently proceed with filing an ITR?

Good Work

Wow best guidance

Selling property floorwise will consider as single sale or multiple sale?? All the floor sale deeds was executed on same day

SIR. IF A PLOT SOLD IN 1 CRORE. WE BUY A FLAT IN 50 LAKHS. THEN CAN WE BUY CG BONDS OF NHAI WITH BALANCE 50 LAKH RUPEES TO SAVE TAX. CAN WE MIX BOTH TYPE OF INVESTMENTS TO SAVE CG TAX. PLEASE I BUY THE FLAT ON MY NAME + MY SON NAME. THE SOLD PLOT WAS ON MY NAME ONLY. DO WE HAVE TO BUY PROPERTY + CG BONDS BEFORE 31 MARCH OR BEFORE 31 JULY ( date of filing ITR ). PLEASE MAKE A SPECIAL VIDEO ON SECTION 54 F WITH ALL THESE POINTS.

अगर इस (SDV)टाइम ड्यूटी वैल्यू आपकी (sale consideration) सेल कंसीडरेशन से 10% ज्यादा है तो उसके बीच का जो डिफरेंस होता है उसको अपनी(income from other sources) अदर सोर्स आफ इनकम में दिखाया जाता 56(2)x है अगर हमारे पास स्टैंप ड्यूटी वैल्यू (SDV) की जगह वैल्यूएशन रिपोर्ट (valuation report)का अमाउंट लगाया जाए जो( SDV) टाइम ड्यूटी वैल्यू से कम है क्या वहां पर वह सही होगा?

Easy clear ...demon..thnx.😊

Very nice knowledge given

Sir, who will bear the stamp duty registration expense for the sale of Residential Flat? Buyer or Seller? I plan to sell my residential flat in Jharkhand and shift to Kolkata.

At present in small town your property will not fetch circle rate in old spartment

What if market rate is 85% higher than circle rate?? Who should address this? Rules should be made in such a way that market rates and circle rates should be close enough

Nayi under construction property ek saal pahle home loan leker purchase ki. Possession agle saal mil jayega. Abhi old residential property sell ki hai. Jo amount mila, home loan prepayment kiya. Kya capital gain ki liability ab to nahi.

E-return file of three yeats, how to do by myself?

You cannot avoid two things in life. 1. *Death* 2. *Taxes*

Circle rate means ? Govt Valuations rate in the particular location ?

How to file ITR on compulsory acquisition of land and property by government and deduction an amount as TDS on sec 194la

Sir, under which head the under mentioned income will be assessed. can deduction can be claimed treating it as capital gain. 'income from sale of residential property situated in unauthorised colony where registry is not allowed, sold through Power of attorney

I purchased 2 shops in 2009 and builder delayed the project, after court order builder returned my money with 8% interest in 2023, whether interest income will come in capital gain? Pls clarify how to get exemption from tax.

Registry officer kam Circle rate par registery he kyu karega ....wo toh mana kar dega registery karne se

Please guide me what does it actually mean: Resident Indians between 60 to 80 years of age will be exempted from long term capital gains tax if their annual income is within Rs 3.00lac. Then how much amount is exempted in respect of long term capital gains for sale of property in the above perspective as it is also quoted somewhere that income tax will be exempted on short term capital gains on sale of property if the profit ( or total taxable income) stays within Rs 3.00 lack. Thank you.

If i sale my agricultural land in rural area for 50 lakh and the actual value of that land is 20lakh (value decided by state govt during regestration) .what will be the tax for remaining 30 lakh and how can i show the source of income for that 30lakh

Good explanation, keep it up!

Excellent , useful information. Thanks

Bhut Badiya Dear 👍👍

Sir, Do I need DEMAT account to buy 54EC bonds to save my capital gain income from residential plot sale?

In case of flat purchsae, if I have not done Registry then what would be considered as date of purchase ? Will it be the one mentioned in possession letter. Please confirm. Thanks

Aapne bhot achha samjaya he but muje exactly mere bare me advice chahiey

Please tell how and from whom, can I know the circle rate and consolidated value based on circle rate of my property ?

2018 main we purchased a property and 2019 we sold out 15 Yr old property, so the one we purchased in 2018 , can we get benefit of capital gain tax on the same

Very informative video

Sir, my owner want to sell his property urgently, but due to high circle rate we are not able to buy it. Also no buyer is ready to buy that property even at 30% down the circle rate. how to solve this , so that seller can sell it even at lower rate and use that amount where he needed. he is currently working outside india. Is there any solution?

Father sold property can further property investment may be done by son or wife in their name to save capital gain on property which father sold

Sir circle rate 10 lac sale consideration paid (bank) 12 lac then stamp duty 10 lac par hogi ya 12 lac par.

Hello sir , apne bahut achchhi jankari di uske liye apka bahut bahut dhanyavad ! Sir, main aashiyana society me ek flat under construction kharid rahi hun. Jiski booking maine August 2021 me karaya thi aur jo March ya april 2022 me mujhe mil sakta hai. Jiska lagbhag 90 % payment main cheque tatha RTGS dwara kar chuki hun aur uski rajistard sale deed bhi ban chuki hai jo mere paas hai. Sir, main janna chahti hun ki mujhe to Capital Gain nahin bharna padega. Please shighra batane ki kripa karen.

Sir during 21- 22 for a short period of 3 months the variance was increased upto 20%. Was this applicable to all properties including non agril land

Pl intimate which date should be considered date of acquisition payment date at the time of Agreement or date of sale deed.Full payment was made on22/7/15 and sale deed was executed on 19/10/19.

Very clearly describe

Sir agreement me 2 lack dhur ke hisab se 5 dhur jameen ki bat huwa, but saller 4 dhur jameen hi ragistry kiya, hamne 8 lack de diye 1 dhur nahi dene par 50000/- Rs ka check drop kara diye, but ham registry me 4 dhur jameen ka kemat 395000/- par aur sanrachna ka kimat 2,70,000/- Rs circle rate ke hisab se entry hai, jabki agreement me 31 march 2022 tak sanrachna tor ke hatane ki bat huwi, registry 21-09-2021 ko huwa, saller ke name se hi jameen hai,aur saller ka son registry me sanakhat hai, hamne 15 January ka check 50,000/- diye the 13 January ko hi Bank se stop kara diye ,ab saller ki wife 22-01-2022 ko dakhil kharij me aappti laga kar cancel 16-03-2022 ok kara di, please suggest me agreement ke hisab se registry me amount nahi hone par kya nuksan hoga 🙏🙏

Good information. Very awkward names taken as sample

Sir, I appreciate your efforts about tax saving. But as of today what is your opinion on 2000 notes

very usefull information

धन्यवाद बहूत अच्छा समझाया है,मगर सामान्य आदमी को यह ज्ञान बिल्कुल नहीं होता है.

Capital gain telief on construction of residential house ke liye sales consideration date se 3 years ka period hota hai construction complete karne ke liye. Covid ki wajahase isme period ko 3 salse aage badhaya hai kya?

Really Very Good

In case I sell my open plot.. and also purchase another new plot in other city or other place it is allowed in tax benefit ? Please guide me or other solution for your ideas. Thank you. Shinde.L.P.

Sir ,how should I purchase a property of above 50 lakhs for my son in future ,without getting IT notice

Can we get exemption for having two flats out of capital gain? Sec 54 and sec 54F differs.Kinfly confirm.Thank u

How much to..invest..in bonds..or new 🏠..capital gain or capital gain tax..after capital gain

Sir, I was allotted flat in a Society and had BBA in 2011. Possession was to be given in 2014. Paid about,80 percent. But possession was given in 2021 Will payment made in 2011 be indexing for capital gain computation .

Sir mane 31-03-2024 ko property sell ki h. Jis pr 1600000 Capita gain aa raha h. Kya m 31 July 2024 s pahle Nhai bond le sakta hu. Financial year change hone s koi issue to nahi aayga

Sir ek batpuchni thi ki agr cash dete h to sighn b to krate hone koi agr proof hojay han to tbhi to koi tex lgega ya nhi plz tell me

Good explanation and a sincere effort to educate the commonmen

How I know the circle rate of the property, where I wanted to buy.

stamp duty bachane k liye agreement se kam pe stamp duty value pe registry kiya toh kaunsa full sale consideration consider hoga ?

क्या रेजिडेंशियल प्लॉट को बेचने पर प्लॉट ही खरीदना पड़ेगा या दुकान भी खरीदी जा सकती मैंने रेजिडेंशियल प्लॉट 15 लख रुपए का और अब उसकी कीमत एक करोड रुपए है दुकान खरीदना चाहता हूं क्या मैं दुकान खरीद सकता हूं और और कैसे टैक्स बचाया जा सकता है मैंने यह प्लॉट 2009 मैं हरियाणा शहरी प्राधिकरण विकास द्वाराalloted हैl

Please suggest who can help to do the property valuation. Recently we have sold the property for itr and we need FMV for capital gain

Very informative. My father passwd away in August 2022. Myself and my two sisters are legal heirs as my mother is also no more. In Jan 2023 my two sisters made a release deed, released their rights without any considration and our father's flat is now transfered to my name. Now if I sell the flat how much will be the tax that I will have to pay ? My father had aquired the said flat from a builder as a consideration of the value of his bunglow plot in the same area.

Sir, what is the difference between circle rate and market value .

खेती की सर्किल रेट को रेवेन्यू विभाग के अधीन है।

Thanks for the kind information

Sir mere father jo pensioner hain.. Unhone ek residential plot 20 lakh bech kar..jo paisa mila hai usse apne bete ke naam se ek residential plot khareed liya. To kya ltcg tax lagega ya nhi.. Please reply sir.

सर जी पावर ऑफ अटॉर्नी में।सेल लैंड videoi बनए

Seen your KZfaq videos learnt from them too 🙏… Sir request to pls answer my below related queries.. With effect from Assessment Year 2021-22, the Finance Act, 2020 has amended Section 54 to extend the benefit of exemption in respect of investment made in two residential house properties, and the exemption for investment made, by way of purchase or construction, in two residential house properties shall be available if the amount of longterm capital gains does not exceed Rs. 2 crores. therefore does it mean that in case of residential joint property between husband and wife (1) does it mean that each holder can purchase 2 individual residential properties, i.e in total 4 residential properties ;. (2) also pls answer does capital gain of less than 2 crore apply on per assessee basis.. i.e., less than 2 crore for 1st holder of the property and less than 2 crore for 2nd holder of the property OR the correct interpretation is that the capital gain of less than 2 crore is nothing to do with joint holders it means on the property itself. Pls clarify SIR.... also for everyone's benefit

If I v purchased an under construction property in July 22 for possession in December 25. I want to sell my old property in February 23 and invest the sale proceeds in UC property... Am I liable to pay capital gain tax?

Sir we are going to sell property Sale consideration 10000000 110% of sale consideration 11000000 Circie rate 80 00000 Stamp duty value 11000000 Index cost 2500000 Capital gain tax is to be charged on 10000000 or is to be charged circie rate. 8000000 please advice me

Govt allows 10%, if a property is regd at 50 lacs at circle rate and the other registers the similar property at 80 lacs then what about 10% difference

How income tax Dept gets circle rate for checking. Do they rely on the stamp duty value entered by us

Bhai you have discussed only registry and taxation . You should start from scratch. How capital gains is calculated and how to save it .

Sir, your videos are very informative. Thanks for sharing very important information on the issue. Sir, kindly advise me. I purchased a site in December 1997 for Rs. 1.35 lacs and built a house on this land in 2020 spending Rs. 20 lacs. Now I m going to sell it for Rs. 40 lacs in August 2020. How to work out capital gain on it?

An old gifted house in 1958 has been sold in Jan 22 how to calculate capital gain tax value to be disturbed within 4 persons