shyam Dhar
KF Rookie
"how selling of Real Estate attracts Capital Gain | How to save Capital gain tax,"
*The application of capital gains tax when selling a property.
*If the property is held for less than two years, short-term capital gains tax is imposed,
*While long-term capital gains tax (LTCG) is levied if the property is held for more than two years.
*The indexation benefit on LTCG, which reduces tax liability.
*Additionally, I recommends investing in real estate again or using infrastructure bonds to offset capital gains tax.
*Section 54 and 54E of the Income Tax Act, which enable taxpayers to reduce their capital gains tax liability by investing in specific types of properties or bonds, subject to certain caps and limitations.
*The application of capital gains tax when selling a property.
*If the property is held for less than two years, short-term capital gains tax is imposed,
*While long-term capital gains tax (LTCG) is levied if the property is held for more than two years.
*The indexation benefit on LTCG, which reduces tax liability.
*Additionally, I recommends investing in real estate again or using infrastructure bonds to offset capital gains tax.
*Section 54 and 54E of the Income Tax Act, which enable taxpayers to reduce their capital gains tax liability by investing in specific types of properties or bonds, subject to certain caps and limitations.
