இவ்வளவு நாளா பாக்காம விட்டுடேன்னு கவலையாவும் , கொஞ்சம் கோவமாவும் இருக்கு , இதே விசயத்த வக்கீல் கிட்ட கேட்டிருந்தா குறைந்தது500 கொடுத்திருக்கணும்....இதுபோல நக நட்ட வச்சு இடம் , வீடுன்னு கட்டறாங்க , வாங்குறாங்க , வரி ன்னு சொல்லி அதையும் அரசு புடுங்குது , அதிலிருந்து தப்பிக்கவும் , இருக்கிற பணத்த எப்படி அதிகமாக்குவது பாதுகாப்பான்னு சொல்லு தம்பி , ஆனந் சீனிவாசன் சார் பதிவெல்லாம் கேட்டிருக்கேன்...மக்களுக்கு நல்லது செய்யற , உன் சேனலுக்கு SLC பண்ணிட்டேன்...வாழ்த்துக்கள் தம்பி..
Fantatsic information and I think no where we can find such a detailed information. Requesting you to add some more information if possible 1. How is NRI client handled ?. 2. Is that 20% can be adjusted in the same way as resident with those methods you have mentioned?. 3. I heard like TDS will be deducted during sale. Is there any specific percentage for that? 4. If we sell an apartment and buy a land I think we cannot adjust the purchase amount on capital gains. However you said if we construct a building in that land within 2/3 years it can be used?. Is this available for NRI too? ( after becoming a resident Indian or NRI) If we paid the tax in the first year but constructed a house in that land, how to get that paid tax back? Please advise
What is your qualification sir. Really great. The way u explained super. Keep it up. Normally most of the persons knows about the matter and content, but they don't know how to explain and teach to the public. But u explained very well sir. Expecting more videos.
Sir very informative Pl clarify i sold myland in April 2021.intend to buy a house with the sale proceeds. Whether it's within one year april 2022 or the date of filing it return this July 2022.ur guidance more helpful. Jainullabudeem
Thanks for the video. Need video how the interest calculated in banks eg. Saving account (quarterly), fd interest, Rd interest, ppf interest, solverign golds, pf interest it will more useful since there is always a thought the interest is low 😀 while checking this accounts eventhough some amount provided
Hi Bro, Thanks for the video. Suppose, If a person bought a Property A for 1 Lakh and sold for 2 Lakhs. Instead of paying tax, If he bought another property B with 3 Lakhs and sold with 3.5 Lakhs. Now, Is he have to pay tax only for 50,000 or 1.5 Lakhs after index calculation?
When you sell a property, worth more than 50 lakhs, the buyer of the property has to deduct 1%TDS on sale consideration. If the sale consideration is paid in instalments, TDS has to be deducted in instalments. The buyer has to issue Form 16B to the seller. This is missing in your video
Bro please do a detailed video on how to build a career in finance? It will be really useful for our generation. Please explain about cfa, cma, cpa courses. Kindly consider..
Bro I am new to your channel, your content is super 👌 what did you studied that is where did you studied these stuff by professional degree or anything else please share bro
Hello.. Sir..ஒருவர் முதல் தடவை IT Return file பண்ணும் போது என்ன எல்லாம் details கொடுக்க வேண்டும்..தெளிவாக ஒரு வீடியோ போடுங்க..எல்லோருக்கும் மிகுந்த உதவியாக இருக்கும்...நன்றி..
I sold my property (land) in June 2019 and parked the funds in capital gains account of SBI. Now i am planning to purchase a flat in Bangalore and almost two years completed in 2022 June. If few months crossed say 2 or 4 months then will it attract capital gains. I could not move during COVID to find a house all these period. In this situation how to claim avoid capital gains tax. Your answer will be higly helpul to me Thanks K.Ravindran
Please inform about tax on share market gains. My turnover is Rs.2500000 for this Year, Gains out of shares some Rs.25000, what will be my tax on my turn over and my gain sir 🤣🤣
property sale followed by property purchase has been done.. in the same year.. but I did not file my income tax... as I am not working.. should I file the income tax
Hello Sir, I have a question. Consider a case where the sale consideration is lesser than the registered value(guideline value). Should the buyer show the difference in amount as capital gain ? How to approach this case when we get a 148 notice?
Forget guideline value , gain is the difference between sale consideration and indexed cost of acquisition , if that is a positive value then it attracts capital gain tax . While filing ITR2 , by giving date of purchase and date of sale , IT portal gives you the difference value easily
@@mformoney8551 Thanks for your input. So should we pay the tax for the difference of amount mentioned in the notice ? How can we get the indexed cost of acquisition ?
@@sprabhagaran we can check the index cost influence rate details from our income tax website itself and calculate the cost of property using index cost formula
clarify my doubt: if i sell property below 30lac (2022-2023 financial year) & invest in section 54ec bond (330bond)& in another financial year 2023 to 2024 iam selling another plot above 30lac & invest in same bond(330bond) plus? one pan number max 50lac investment in 54ec bond??? reply
If my property sell as per current govt value and get the same amount.by cash but byer recived my property and registration will.done higher value ie guided value .Is it right or wrong.what l can do .
I have a question regarding an inherited property bought by my parents. I am planning to sell this land bought by my parents in 1995, which we are planning to sell now in 2022. Would I be able to get CII benefit and also invest the appropriate CG tax in the 5yr bonds. Kindly reply
Pls clarify. Type A type B is used only for parking capital gains until it's used for reinvestment but not as a way to avoid tax. I think you have given wrong information on these accounts as tool to save tax.
The video is very clear between 9:00 to 9:10 stating these bonds do not provide any IT benefit under section 80C and even the Interest is taxable as per ones Income tax slabs. I wonder where you got confused.
@@mformoney8551 thanks for reply, I am not asking about 80C or income tax deduction for these capital gain bank account , I am asking if even if I park this gain amount in Type A or B bank account , still i have to capital gains tax if I not consume this amount for house construction or buying new house in 3 years. I mean TypeA or B account is used only for parking capital gain but still if u not use for eligible tax saving, still you have to pay capital gains tax. I understand if u invest in bond no tax if locked for 5 years.
I sold 4/6 land. Builder offer.two flats out of 6 flats as per jt. Agreement with cash. I want to know exemptio is only one flat or two and also car parking area canbe included in the construction cost. Pl clarity. Thank u
As per the sec 54 we have option to have two flats out of capital.could u please tell me what items can be included in the construction cost like woodwork plumbing electrical work windows doors gril gate fans ac chimney car parking area value cupboard chimney LOFT cover etc.kindly advice.thanks
Out of capital gains We have to opt for two housing properties. Can we have sett.of one flat to my wife without consideration within one year.? Thank u
Sir good evening, I have a doubt that if a candidate built a house with it is black money for that the candidate as to give any tax to income tax department? Don't think that I have a black money, it for example for general knowledge purpose,please help in this regards.
Sir, i bought land 1982, i want to sale my land. I bought 7000Rs 3 ground. Now guide line value 135Rs per sq.ft. sale per sq.ft 450Rs(35lacs now). Howmuch amount i have to pay income tax.
Bro, last financial year I sell my property I got 35 lakhs via bank tranfer to my account, I was invested that amount in mutual funds, debt funds, and stocks , I am self employed, so I am never paid income tax, this year I need to pay any tax or leave it bro, suppose I can't file income tax for that amout what happened
அருமை அழகு தமிழில் விளக்கமாக கூறினீர்கள். மிக்க நன்றி வாழ்க வளமுடன்
Please keep doing this great work....you are enlightening us with financial awareness 👏👏👏👏👏👏
இவ்வளவு நாளா பாக்காம விட்டுடேன்னு கவலையாவும் , கொஞ்சம் கோவமாவும் இருக்கு , இதே விசயத்த வக்கீல் கிட்ட கேட்டிருந்தா குறைந்தது500 கொடுத்திருக்கணும்....இதுபோல நக நட்ட வச்சு இடம் , வீடுன்னு கட்டறாங்க , வாங்குறாங்க , வரி ன்னு சொல்லி அதையும் அரசு புடுங்குது , அதிலிருந்து தப்பிக்கவும் , இருக்கிற பணத்த எப்படி அதிகமாக்குவது பாதுகாப்பான்னு சொல்லு தம்பி , ஆனந் சீனிவாசன் சார் பதிவெல்லாம் கேட்டிருக்கேன்...மக்களுக்கு நல்லது செய்யற , உன் சேனலுக்கு SLC பண்ணிட்டேன்...வாழ்த்துக்கள் தம்பி..
தங்களின் விளக்கம் மிகவும் உபயோகமானதாக உள்ளது. நன்றி!!!!.
பயனுள்ள பதிவு ! தொடரட்டும் உங்கள் நற்பணி ! நன்றி ! வாழ்த்துக்கள் !
Very nice presentation. Easy to understand. Well explained with example. Keep it up 👍
தம்பி அருமையான விழக்கம் புரியும் படி சொல்லி இருக்கிறீகள் மிக்க நன்றி 🙏
Very useful information...I m planning to sell my property....This guidance will be of great help for me
Great! Feeling thankful for this video 🙏 Thanks a lot for highlighting my comment and responding on a complicated subject 👍😊
Glad it was helpful! Share with your circle :)
Brilliant. What a way to explain such a complicated matter. Needs to be saved for future use. Thank you friend.
Fantatsic information and I think no where we can find such a detailed information. Requesting you to add some more information if possible
1. How is NRI client handled ?.
2. Is that 20% can be adjusted in the same way as resident with those methods you have mentioned?.
3. I heard like TDS will be deducted during sale. Is there any specific percentage for that?
4. If we sell an apartment and buy a land I think we cannot adjust the purchase amount on capital gains. However you said if we construct a building in that land within 2/3 years it can be used?. Is this available for NRI too? ( after becoming a resident Indian or NRI)
If we paid the tax in the first year but constructed a house in that land, how to get that paid tax back?
Please advise
What is your qualification sir. Really great. The way u explained super. Keep it up. Normally most of the persons knows about the matter and content, but they don't know how to explain and teach to the public. But u explained very well sir. Expecting more videos.
Thank you . I am a Banker for more than 10 years . CAIIB FRM CFP
Really good
Really a very clear and self explanatory video congratulations and thanks
Nice explanation.All are new to me. Mass speech delivery with super content.
Sir very informative
Pl clarify i sold myland in April 2021.intend to buy a house with the sale proceeds. Whether it's within one year april 2022 or the date of filing it return this July 2022.ur guidance more helpful. Jainullabudeem
Thanks for the video. Need video how the interest calculated in banks eg. Saving account (quarterly), fd interest, Rd interest, ppf interest, solverign golds, pf interest it will more useful since there is always a thought the interest is low 😀 while checking this accounts eventhough some amount provided
Excellent clarification on capital gains
A very useful lecture. Thank you!
Very informative and helpful.
Thank you🙏
Hi Bro, Thanks for the video.
Suppose, If a person bought a Property A for 1 Lakh and sold for 2 Lakhs. Instead of paying tax, If he bought another property B with 3 Lakhs and sold with 3.5 Lakhs. Now, Is he have to pay tax only for 50,000 or 1.5 Lakhs after index calculation?
Very clear explanation. Keep it up
Can you explain about Zero taxation for NRI's? As an NRI, can I get "Long term capital tax" exemption?
Promisingly a useful video. Please continue. All the best 👍.
When you sell a property, worth more than 50 lakhs, the buyer of the property has to deduct 1%TDS on sale consideration. If the sale consideration is paid in instalments, TDS has to be deducted in instalments. The buyer has to issue Form 16B to the seller. This is missing in your video
Bro please do a detailed video on how to build a career in finance? It will be really useful for our generation. Please explain about cfa, cma, cpa courses. Kindly consider..
Thank you very much.You you have cleared my doubts
Waited 10 Days for the ----> Grand Fathering Concept ----> Disappointed! Please Consider doing it as the Next Video!
Bro I am new to your channel, your content is super 👌 what did you studied that is where did you studied these stuff by professional degree or anything else please share bro
I am a Banker for more than a decade
Good job Dude.. 👏Vaazhga Valamudan🙏
Thank you very much, very clearly explained. Very useful to us. May the almighty bless upon you....
நல்ல பதிவு தம்பி வாழ்த்துக்கள்
Super excited video for capital gain. Please make videos for Share market trade gain/loss.
Previous video to this was about gains on equities
Great effort... Thank you
Hello.. Sir..ஒருவர் முதல் தடவை IT Return file பண்ணும் போது என்ன எல்லாம் details கொடுக்க வேண்டும்..தெளிவாக ஒரு வீடியோ போடுங்க..எல்லோருக்கும் மிகுந்த உதவியாக இருக்கும்...நன்றி..
Already 4 videos are uploaded on it bro
அருமையான விளக்கம்.
Among the bonds which is best,in orderwise,useful one
Very well explained
Hi bro good morning 🙏. I'm your new subscriber. Good information bro..👍👌
சிறப்பு..
Very useful information,TQ
I sold my property (land) in June 2019 and parked the funds in capital gains account of SBI. Now i am planning to purchase a flat in Bangalore and almost two years completed in 2022 June. If few months crossed say 2 or 4 months then will it attract capital gains. I could not move during COVID to find a house all these period. In this situation how to claim avoid capital gains tax. Your answer will be higly helpul to me
Thanks
K.Ravindran
சொத்தை விற்று கடன் கட்டினாலும் capital gains tax கட்ட வேண்டுமா சார்
Yes sir...
@@mirror6038 bbye
Superb sir really good 👍
Valuable data . thanks!
Capital gains to senior citizen. How to avoid the tax. Because senior citizen will not purchase property. Please explain
Please inform about tax on share market gains. My turnover is Rs.2500000 for this Year, Gains out of shares some Rs.25000, what will be my tax on my turn over and my gain sir 🤣🤣
Very Nice... explanation..
we use the property sale money to children marriage purpose. For that also shall I have to pay tax.
sir do you provide investment planning based on my goals and current assets/liability?
property sale followed by property purchase has been done.. in the same year.. but I did not file my income tax... as I am not working..
should I file the income tax
Really I appreciate. Keep it up
Hello Sir,
I have a question. Consider a case where the sale consideration is lesser than the registered value(guideline value). Should the buyer show the difference in amount as capital gain ? How to approach this case when we get a 148 notice?
Forget guideline value , gain is the difference between sale consideration and indexed cost of acquisition , if that is a positive value then it attracts capital gain tax . While filing ITR2 , by giving date of purchase and date of sale , IT portal gives you the difference value easily
@@mformoney8551 Thanks for your input. So should we pay the tax for the difference of amount mentioned in the notice ? How can we get the indexed cost of acquisition ?
@@sprabhagaran we can check the index cost influence rate details from our income tax website itself and calculate the cost of property using index cost formula
1. Pl give interest rates for different dates. It may vary. Give on a specific date.
2. Should one pay on sale of Agri lands.
when u file ITR 2 key in buy and sell dates it ll calculate indexation automatically . point no 2 answer is no
clarify my doubt: if i sell property below 30lac (2022-2023 financial year) & invest in section 54ec bond (330bond)& in another financial year 2023 to 2024 iam selling another plot above 30lac & invest in same bond(330bond) plus? one pan number max 50lac investment in 54ec bond??? reply
Bro- pls share about selling inherited property , how to calculate CII? For eg inherited property is forefathers own property.
Useful information. Thank you.
Very useful video bro. Thanks for your info
If my property sell as per current govt value and get the same amount.by cash but byer recived my property and registration will.done higher value ie guided value .Is it right or wrong.what l can do .
Sir excelant deflation one more I am pensioner what way I could submit return to avail benefits
Nice video crystal clear it is
I think the money kept in capital gains savings or FD will not be taxed for a certain period, say 2 to 3 years.
Thank you. Very helpful.
I have a question regarding an inherited property bought by my parents. I am planning to sell this land bought by my parents in 1995, which we are planning to sell now in 2022. Would I be able to get CII benefit and also invest the appropriate CG tax in the 5yr bonds. Kindly reply
Can home loan interest be deducted for capital gain tax?
Parambarai sothu. Viththu. Varuthu. Athukku 35 latcham evlo tax kattanum udaney property oru varuzhathukkula vanguna tax illaya? Reply pannunga
Make investment in new construction flats combine two flats and make one kitchen, one entry you r exempted
If i am selling a property for my kids education purpose should i pay tax?
ஆமா
So clear👌👌
I need mutual fund benefit as per dividend process. Can update as video. And send a link.
I have inherited a property from my father by way of gift settlement. Should I pay taxes
Shall we settle the housing loan by selling real estate plot ,without paying tax?
Pls clarify. Type A type B is used only for parking capital gains until it's used for reinvestment but not as a way to avoid tax. I think you have given wrong information on these accounts as tool to save tax.
The video is very clear between 9:00 to 9:10 stating these bonds do not provide any IT benefit under section 80C and even the Interest is taxable as per ones Income tax slabs. I wonder where you got confused.
@@mformoney8551 thanks for reply, I am not asking about 80C or income tax deduction for these capital gain bank account , I am asking if even if I park this gain amount in Type A or B bank account , still i have to capital gains tax if I not consume this amount for house construction or buying new house in 3 years. I mean TypeA or B account is used only for parking capital gain but still if u not use for eligible tax saving, still you have to pay capital gains tax. I understand if u invest in bond no tax if locked for 5 years.
Nice and very useful 👍
What is different between short-term capital gain and long-term capital gain.
Brother super 👍
Bro, whether Closing house mortgage loan from sale of land, exempt frm tax?
no
You can invest in tax saving bonds nhai,rec upto 50 lakhs and save rs 10 lakhs.
If i am selling property to clear my loans what cgt will i pay?
Also if there is capital gains one has to file ITR 2 income tax form for salaried or pension class . Pl clarify this also .it is not ITR1 .
yes it's ITR 2 only
I sold 4/6 land. Builder offer.two flats out of 6 flats as per jt. Agreement with cash. I want to know exemptio is only one flat or two and also car parking area canbe included in the construction cost. Pl clarity. Thank u
As per the sec 54 we have option to have two flats out of capital.could u please tell me what items can be included in the construction cost like woodwork plumbing electrical work windows doors gril gate fans ac chimney car parking area value cupboard chimney LOFT cover etc.kindly advice.thanks
Out of capital gains We have to opt for two housing properties. Can we have sett.of one flat to my wife without consideration within one year.? Thank u
If I use Capital Gains to repay my Housing Loan due with HDFC, can i be eligible for the Tax waiver.
Sir good evening,
I have a doubt that if a candidate built a house with it is black money for that the candidate as to give any tax to income tax department?
Don't think that I have a black money, it for example for general knowledge purpose,please help in this regards.
How to file income tax online video போடுங்கள்
Excellent !!!!
Thanks Sir
From capital gain if we donate to charitable organization do we still need to pay tax ?
If retired and age of 70 he sells his house not a taxpayer property in rural explain
Neenga enna video podanumnu nanga mudivu pannanuma? .....Appo daily oru video podunga
Sir, i bought land 1982, i want to sale my land. I bought 7000Rs 3 ground. Now guide line value 135Rs per sq.ft. sale per sq.ft 450Rs(35lacs now). Howmuch amount i have to pay income tax.
Bro, last financial year I sell my property I got 35 lakhs via bank tranfer to my account, I was invested that amount in mutual funds, debt funds, and stocks , I am self employed, so I am never paid income tax, this year I need to pay any tax or leave it bro, suppose I can't file income tax for that amout what happened
Mutual funds GST video podunga
Mutual fund T D S Hou to return file
Bro Can you explain about NRE taxation conditions?
Good one
Excellent I
How to sell the real estate plot without paying tax for old age people there is no income?
Bro someone is telling if the purchased property price value increased more than 5times then only capitalgain is applicable is it true?
What is the solution for ancestral property
Pls put breaf information about cripto carency
If Capital gain (Long term) is negative, whether we have to pay tax?
No