Proposal related to capital gains in Finance Bill 2023

The Finance Minister has proposed some provisions related to capital gains in the budget presented on…

How to declare inherited property in ITR?

I have received two houses as a gift from my grandmother but I forgot to mention…

How is the tax calculated on the sale of an apartment?

I am selling my flat in Dharuhera, Haryana and my mother is selling a flat in…

Can I now get LTCG deduction on the house sold during the lockdown?

I sold a residential house in June 2019 and earned capital gain. As per the rules,…

How to Calculate Acquisition Cost for a New Home

In computing capital gains on the sale of immovable property, the cost of acquisition of the…

How is LTCG taxed if the property is sold to buy a new house?

What will be the Long Term Capital Gains (LTCG) tax if the proceeds from the sale…

How can I claim tax break on proceeds from sale of plot?

I am planning to sell a plot which is in the name of 3 brothers and…

Asset Sale: Can I claim income tax exemption on long term capital gains again?

I had availed exemption under sections 54 and 54EC for long term capital gains on sale…

Joint Property: Explained Income Tax Rules on Home Loans

we are buying a residential house price 51 lakhs for our own business where I, my…

How to save income tax on profit from sale of property

I have sold my house in my home town and shifted to Bangalore. It was originally…