Is it taxable if you sell your house? (Tamil) | Ways to Avoid Taxes | Capital Gain Tax

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It feels great to get a high price for the sale of your home, but watch out for the tax implications. Is it taxable if you sell your house? Yes, that’s because capital gains on selling the property are taxable.
If you sell a residential property or land after holding it for more than two years, you are liable to pay a long-term capital gains tax of 20 percent after indexation. So, if you make a gain of Rs. 50 lakh, you may end up paying Rs 10 lakh as tax. However, you can very well save this significant tax outflow.
An assessee can re-invest the long-term capital gains amount in residential house property and claim an exemption under section 54 & 54EC of the income tax act.
Watch this Tamil video‪@SMEDUTALK‬ to know about capital gain tax and all possible ways to avoid taxes. It is explained in detail as to how the exemption works and what all you need to be careful about;
For more videos,
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1 июн 2021

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@viju1954 15 дней назад

What will be the situation with new budget today - july 2024

@SMEDUTALK 13 дней назад

Short-term Capital Gains (STCG) Tax: The STCG tax remains unchanged and is taxed at the applicable slab rate. The gain is added to the taxpayer’s income and taxed accordingly. Long-term Capital Gains (LTCG) Tax: The LTCG tax rate has been reduced to 12.5% without indexation benefit. Earlier, the rate was 20% with indexation benefit. The holding period for determining whether the gain is long- or short-term remains unchanged at 24 months. முக நூலில் விநாயக முருகன் என்பவர் இதற்கான விளக்கத்தை அளித்துள்ளார். அதை இங்கு பகிர்கிறேன். கேள்வி-1:- நேற்று வெளியான பட்ஜெட் அறிவிப்பில் ரியல் எஸ்டேட் LTCG (Long Term Capital Gain) மீதான வரியை 20% லிருந்து 12.5% ஆக குறைத்துள்ளார்களே. இது நல்ல விஷயம்தானே? பதில்:- நேற்று முன்தினம் வரை வீடு விற்பவர்களுக்கு indexation benefit இருந்தது. அதை எடுத்துவிட்டார்கள். indexation benefit என்றால் நீங்கள் வீடு வாங்கிய வருடத்திலிருந்து விற்கும் வருடம் வரை (ஒரு வருடத்துக்கு மேலாக இருக்க வேண்டும்) உள்ள பணவீக்கத்தை கணக்கிட்டு அதை வரியிலிருந்து கழித்து மீதம் உள்ள தொகைக்கு வரி கட்டினால் போதும். இதான் சரியான வழிமுறை. உதாரணத்துக்கு நான் இந்தாண்டு ஐம்பது லட்சம் கொடுத்து ஒரு வீடு வாங்குகிறேன். ஒரு வருடம் கழித்து அடுத்த ஆண்டு வீட்டை விற்கிறேன். அடுத்தாண்டு வீடு எழுபது லட்சமாக உயர்ந்துள்ளது. பணவீக்கம் ஆண்டுக்கு 8% என்றால் வீட்டை விற்கும்போது இந்த 8% பணவீக்கத்தை கழித்துவிட்டு மிச்சமுள்ள தொகைக்குத்தான் வரி கட்டணும். பணவீக்கத்தை கட்டுப்படுத்துவது என்னோட வேலை இல்லை. அது அரசின் வேலை. நான் ஒரு முதலீடு செய்கிறேன். அந்த முதலீட்டில் நாட்டின் பணவீக்கம் பாதிப்பு ஏற்படுத்தினால் அந்த இழப்பை நான் ஏன் ஏற்க வேண்டும். அரசுதான் அவர்கள் எனக்கு விதிக்கும் வரியில் அந்த இழப்பை கழிக்க வேண்டும். இந்த உதாரணத்தைப் பாருங்க பழைய indexation benefit வீட்டை நான் வாங்கிய விலை : ₹50 லட்சம் Cost Inflation Index (CII) முறையில் தற்போதைய மதிப்பு : ₹64,82,000 வீட்டை விற்கும் விலை:- 70 லட்சம் நிகர லாபம் ₹5,18,000 (₹70,00,000- ₹64,82,000) LTCG வரி : ₹1,03,600 (20% வரி ) நேற்று அறிவித்த புதிய வரி முறை வீட்டை நான் வாங்கிய விலை : ₹50 லட்சம் வீட்டை விற்கும் விலை:- 70 லட்சம் நிகர லாபம் ₹2000000 LTCG வரி : ₹2,50,000 (12.5% வரி ) இப்படி செய்வதால் கருப்புபணம்தான் அதிகரிக்கும். வீட்டை விற்கிறவங்க எல்லாரும் குறைந்த லாபத்துக்கு விற்ற கணக்கு காட்டி மிச்சத்தை கருப்பில் வாங்குவாங்க.

@rameshnatarajan9611 2 года назад

.. கஷ்டம் வரும்போது ஒருத்தன் வீட்டை விற்கிறான்... அதுக்கு அவனுக்கு வரி... இது தப்பு...

@rmt8428 Год назад

ஒருவன் உழைத்து சம்பாதிக்கின்ற பணத்தை பல வழிகளில் வரி போட்டு பிடுங்கும் அரசாங்கம் ஒரு நாள் அவன் வேலை இழந்து வருமானம் இன்றி இருக்கும்போது அவனுக்கு உதவுவதில்லை

@manimudi8617 Год назад

You are 100 percent correct,the Rulers taking money from poor people and give huge benefits to big cheaters like choksi and mallaiah

@thevaparvathamministries1282 Год назад

Modi yin velai

@a.shanmugavelayutham1706 Год назад

நியாயமான கேள்வி. ஆனா இது மோடிகாலத்துக்கு முன்பிருந்தே இருந்து வருகிறது

@cinefan555 Год назад

@@thevaparvathamministries1282 no this was the rule before modi came he may have increased the tax

@marimuthumanoharan4792 2 года назад

You have clearly briefed this for the sake of public's benefit. This will help the innocent people and have no knowledge about the Investment to avoid tax impact. Thanks for your kind information.

@SMEDUTALK 2 года назад

My pleasure. Glad it was useful to you.

@gunasundari7415 3 дня назад

Arumayana vilakkam. Thank u so much. Nice information.

@SMEDUTALK 2 дня назад

மிக்க நன்றி!

@srinigovindaraju737 2 года назад

Great msg So much I had been looking for. Made lots of sense with long term capital gains… 👍

@SMEDUTALK 2 года назад

Glad you liked it. I suggest you to watch its successive videos (Q&A parts).

@shajsalim3208 2 года назад

சகோதரர் புரியும்படி வெளக்கமாக சொல்லீயதற்கு நன்றி

@SMEDUTALK 2 года назад

உங்களுக்குப் பயன்பட்டதில் மகிழ்ச்சி.

@satturmuruges 2 года назад

Good Informative talk on LTCG. EASILY UNDERSTANDABLE. THANK YOU SIR. T

@SMEDUTALK 2 года назад

Most welcome! If you wish you may watch 3 more videos (Q&A) in this series. Please check the playlist sir.

@akashbency5819 2 года назад

Superb..had these doubts in mind for long...clearly explained..

@SMEDUTALK 2 года назад

Glad to hear that

@rajadurainadar7099 2 года назад

மிகவும் பயனுள்ள தகவல். மிக்க நன்றி.

@SMEDUTALK 2 года назад

உங்களுக்கு உதவியதில் மகிழ்ச்சி.

@aruchamygounder1678 2 года назад

விரிவாகவும் , விளக்கமாகவும் கூறினீர்கள். மிகவும் நன்று வாழ்த்துக்கள்.

@SMEDUTALK 2 года назад

மிக்க நன்றி

@Sattai558 2 года назад

Neatly explained without ambiguity. Thanks

@SMEDUTALK 2 года назад

Thanks and welcome

@blazingbernard5457 2 года назад

Love you sir, well explained, very useful for me. Thank you 💞

@SMEDUTALK 2 года назад

Most Welcome. Glad it helped.

@sridharanvenkataraman7567 2 года назад

Very clearly presented video with effective voice. Thanks.

@SMEDUTALK 2 года назад

You are most welcome

@samsinclair1216 2 года назад

மிக அருமையான விளக்கம் சார்..நன்றி

@SMEDUTALK 2 года назад

மகிழ்ச்சி. நண்பர்களுக்கும் பகிரவும்.

@justrelax6123 11 месяцев назад

அருமையான/தெளிவான விளக்கம்!

@SMEDUTALK 11 месяцев назад

மிக்க நன்றி!

@kgbaburao 2 года назад

Thanks for your vedeo. I understand clearly from your naration. Well done

@SMEDUTALK 2 года назад

Glad it was helpful!

@sabeerali5610 2 года назад

அற்புதமான தொகுப்பு💐💐💐

@SMEDUTALK 2 года назад

மிக்க நன்றி!

@vidhyabalu5753 2 года назад

Very nice and clear explanation. Thank you.

@SMEDUTALK 2 года назад

Glad it was helpful!

@munusamyjambu6107 Месяц назад

Simply understanding calculation.thankyou sir

@SMEDUTALK Месяц назад

Always welcome

@bharathi7964 18 дней назад

மிக சிறப்பான விளக்கம்... நன்றிகள் பல

@SMEDUTALK 16 дней назад

இந்த வீடியோ தங்களுக்கு பயன்பட்டதில் மகிழ்ச்சி!

@jeyakumar8028 Год назад

Well explained without any interruption.. super

@SMEDUTALK Год назад

Thanks a lot.

@simplybrilliantinsights 3 года назад

Nice video sir. Very valuable information

@SMEDUTALK 3 года назад

Thank you

@periyasamyrajasekar6412 2 года назад

Thank you sir 🙏🏼 Very very useful message.👌🤝

@SMEDUTALK 2 года назад

You're most welcome

@cmuthuswamy1825 2 года назад

Excellent 👍🏾. Very clearly explained. 👏

@SMEDUTALK 2 года назад

Thanks. Glad you liked it

@gnanagirigiri1919 2 года назад

Good explanation to all tax payers.and property buy and seller. Thanks dear.

@SMEDUTALK 2 года назад

So nice of you

@dhanalakshmis7820 2 года назад

Thank u sir for giving very essential information

@SMEDUTALK 2 года назад

Always welcome

@ganyk13 2 года назад

Further to my view on construction costs and indexation as explained by me below , I think what you may be meaning as construction is additional repair costs and not new construction.

@SMEDUTALK 2 года назад

@narayananduraisamy395 29 дней назад

Sir, Very good explanation in Tamil. Thank you very much sir.

@SMEDUTALK 29 дней назад

You are welcome

@janakiramanmuthukrishnan1242 2 года назад

Very clear explanation , super sir

@SMEDUTALK 2 года назад

Thank you

@gobinathsubramaniam6541 2 года назад

Excellent information and dedicated presentation

@SMEDUTALK 2 года назад

Glad you liked it

@aruchamygounder1678 2 года назад

நல்ல தொரு விளக்கம். நன்றி

@SMEDUTALK 2 года назад

மகிழ்ச்சி. நண்பர்களுக்கும் பகிரவும்.

@sudhaanand8256 2 года назад

உபயோகமான பதிவு நன்றி சுதாஆனந்த் கோவை

@SMEDUTALK 2 года назад

உங்களுக்கு இந்த வீடியோ பயன்பட்டதில் மகிழ்ச்சி!

@GuitSiva 2 года назад

Thanks.. 🙏Vaazhga Valamudan🙏

@SMEDUTALK 2 года назад

Welcome

@radhakrishnanl2342 2 года назад

Super. Explained very nicely . Super.

@SMEDUTALK 2 года назад

Thank you so much 🙂

@mohankumarvenkatachalam4100 2 года назад

Great information. Thank you Sir.

@SMEDUTALK 2 года назад

Glad it was helpful!

@chandrasekar4829 2 года назад

Very very useful information friend. and social service. Congrats

@SMEDUTALK 2 года назад

Many many thanks

@rajal1625 2 года назад

Thanks. Most useful information to tax payers.

@SMEDUTALK 2 года назад

Glad it was helpful!

@sarangapaniraju3516 2 года назад

very useful video brother , thank u.

@SMEDUTALK 2 года назад

Glad it was helpful

@Smaran16g 2 года назад

Superb good one… now only I have understood almost….

@SMEDUTALK 2 года назад

Glad to hear that. If you have further questions, I suggest you to watch these videos; Capital Gain Tax (Tamil) | Questions & Answers - Part 3 | Selling a house or land ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eGU8h7rIhGw.html Capital Gain Tax (Tamil) | Questions & Answers - Part 2 | Selling a house or land ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-sOrAlRn_EJA.html Capital Gain Tax (Tamil) | Questions & Answers - Part 1 | Selling a house or land ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ZMBdx2dWN1s.html

@drsundaram4748 2 года назад

Thanks for your nice posting 👍👍😊

@SMEDUTALK 2 года назад

Thanks for visiting

@gurumurthym1003 2 года назад

Very good description. Keep it up.!!!

@SMEDUTALK 2 года назад

Thanks a lot 😊

@TKPadmaRao Год назад

Informative. Super explanation

@SMEDUTALK Год назад

Glad you liked it

@mf1211 2 года назад

Very usefull information, thanks for sharing, may I know if this tax excemptions apply for Nri and OCI holders?

@SMEDUTALK 2 года назад

Yes with little changes. For more information, refer this link; www.financialexpress.com/money/tax-implications-on-capital-gains-earned-by-nris/2353362/

@lakshminarsimhankrishnaswa932 2 года назад

Neat explanation. Simply superb. Can you clarify . Can we spend some repair work on an existing house from capital gains. Or repay some loans.

@SMEDUTALK 2 года назад

Thank you. Please watch this video to know the answer for your question; Capital Gain Tax (Tamil) | Questions & Answers - Part 3 | Selling a house or land ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eGU8h7rIhGw.html

@aramachandran4039 15 дней назад

Clear explanation.

@SMEDUTALK 14 дней назад

Glad you think so!

@veluvelu7231 2 года назад

அருமையான விளக்கம் வாழ்த்துக்கள்

@SMEDUTALK 2 года назад

மிக்க நன்றி!

@vetrivel2249 2 года назад

Thank you sir, Excellent explanation👍

@SMEDUTALK 2 года назад

Glad you liked it

@shanmugavelup8033 2 года назад

Any video on LTCG/STCG , while selling shares?

@SMEDUTALK 2 года назад

@@shanmugavelup8033 Not yet. I'll upload it in the future.

@kunjithapathamkunjitham1065 2 года назад

தகவலுக்கு நன்றி சார்

@SMEDUTALK 2 года назад

உங்களுக்கு இந்த வீடியோ பயன்பட்டதில் மகிழ்ச்சி!

@nagarajandr3882 2 года назад

Very useful information. Will this tax calculation will apply for the sale of vacant plots?

@SMEDUTALK 2 года назад

Same rule applies. But, உங்கள் வீடு / நிலத்தை விற்பதன் மூலம் கிடைக்கும் வருமானத்தை இன்னொரு வீடு வாங்க மட்டுமே பயன்படுத்தலாம். நிலம் வாங்குவதன் மூலம் வரியை சேமிக்க முடியாது.

@SriniVaith 2 года назад

Excellent summary of all tax issues pertaining to house ownership. Thank you👌👍

@SMEDUTALK 2 года назад

Thank you sir. Glad it was helpful!

@mani6678 2 года назад

மிக்க நன்றி ஐயா.

@SMEDUTALK 2 года назад

உங்களுக்கு இந்த வீடியோ பயன்பட்டதில் மகிழ்ச்சி!

@rajeshwaril2395 2 года назад

IN CASE YOU BUY alternative house YOU CAN ADJUST THE VALUE ARRIVE FINAL AMOUNT FOR I T CALCULATION

@SMEDUTALK 2 года назад

You have to pay the CG tax for the difference amount when sold house rate is more than bought house rate

@dtube123 Год назад

Arumaiyana thagaval nanba

@SMEDUTALK Год назад

நன்றி நண்பரே!

@mohammedquthpudin133 2 года назад

Very easy to understand

@SMEDUTALK 2 года назад

Thanks a lot

@thirugnanasambandam7731 2 года назад

Very useful. Subscribed. Thanks

@SMEDUTALK 2 года назад

Thanks and Welcome

@PraveenKumar-is7cj Месяц назад

Really great sir

@SMEDUTALK Месяц назад

Thanks SIr

@shaminiehamparam1038 2 года назад

So useful information.

@SMEDUTALK 2 года назад

Glad it was helpful!

@muruganbala9358 2 года назад

Kindly put a video for long term capital loss

@solomonalexander1991 Год назад

Please tell for how-to save tax on ltcg of selling a house for unemployed??

@madhavanvenkasamy1603 2 года назад

Explained very nice.

@SMEDUTALK 2 года назад

Thank you so much 🙂

@user-ft4yo7wv7r Год назад

Super explanation sir thank u

@SMEDUTALK Год назад

You're most welcome

@boopathyshanmugams 2 года назад

THANKS. GOOD INFORMATION FOR THOSE WHO ARE SELLING THEIR PROPERTIES. I NOT ABLE TO UNDERSTAND WHY IT WAS DISLIKED BY 16 VIEWERS!

@SMEDUTALK 2 года назад

Glad it was useful to you. I think, it wasn't useful to those 16 viewers. That's why, they disliked the video.

@dmanimani4809 26 дней назад

Any information told should be authoritative with reference to central government Notification or Income tax Act provisions.

@SMEDUTALK 13 дней назад

@@dmanimani4809 Noted

@devangathiagarajavijayakum2511 Месяц назад

Thanks a lot.

@SMEDUTALK Месяц назад

Most welcome!

@pattabiraghavan6935 2 года назад

அருமை.

@SMEDUTALK 2 года назад

நன்றி !

@devanandkatangot2931 2 года назад

Really a good one. Thank you.

@SMEDUTALK 2 года назад

Glad you liked it.

@venkataswamyl9141 2 года назад

@@SMEDUTALK g

@venkataswamyl9141 2 года назад

@@SMEDUTALK 0

@_maha_s 2 года назад

@@SMEDUTALK 1

@kannanayyappan5191 2 года назад

Useful information sir

@SMEDUTALK 2 года назад

Thanks and welcome

@jaikumarv.justsuperb.5297 2 года назад

Very informative.

@SMEDUTALK 2 года назад

Glad you liked it. I suggest you to watch its successive videos (Q&A parts).

@sundararajansrinivas 2 года назад

அருமையான பதிவு

@SMEDUTALK 2 года назад

மிக்க நன்றி!

@gopinathang3120 2 года назад

Good Explanations.

@SMEDUTALK 2 года назад

Glad you liked it

@sgsmanian3135 2 года назад

Very useful information

@SMEDUTALK 2 года назад

Thanks a lot

@usefulent9257 2 года назад

1:29. If we don't have any job or income , then what will be the tax calculation?

@gopalakrishnan5895 2 года назад

This lesson is 👌 🌲 SUGGESTIONS (1) Investment in NHAI or REC Lock in Period Three years

@SMEDUTALK 2 года назад

As per section 54EC of the Income Tax Act, such investment can be redeemed only after 5 years. Before april 2018 the bonds could be redeemed within 3 years.

@krishnaraju88 2 года назад

Please advise the above explained procedure is same for approved plots also. Thank you.

@SMEDUTALK 2 года назад

Yes, sure. I am doing it in comment section.

@raghuramankr3847 2 года назад

Very informative video Sir. Please advise the base index for a flat purchased in 1996. Thanks and Regards

@SMEDUTALK 2 года назад

Thank you sir. CII for 1995-1996 = 281 CII for 1996-1997 = 305

@raghuramankr3847 2 года назад

@@SMEDUTALK Thank you Sir. So, this is based on 1980 as 100, I suppose. In that case, what is the CII for 2021-22?

@SMEDUTALK 2 года назад

Sir, the cost inflation index for the current financial year (2021-22) is 317. But you have purchased long back. For it's calculations, please refer, cleartax.in/s/capital-gains-calculation-base-year-shift

@raghuramankr3847 2 года назад

@@SMEDUTALK Thank you Sir

@dayanandbharati6863 2 года назад

What a person who never fild any Income tax return so far.

@SMEDUTALK 2 года назад

Those who have an income of more than 2.5 lakhs must pay income tax. Non-taxpayers should pay it to avoid action taken by the income tax department at any later date.

@lavanyaravindran2008 2 года назад

Good information bro👍👍

@SMEDUTALK 2 года назад

Thank you so much 👍

@karthikeyanm1783 Год назад

அருமையான விளக்கம்! நன்றி!!

@SMEDUTALK Год назад

இந்த வீடியோ உங்களுக்குப் பயன்பட்டதில் மகிழ்ச்சி!

@thilagal3635 2 года назад

Great information

@SMEDUTALK 2 года назад

Glad you liked it

@mohansankar1815 Год назад

Well-said sir. Thank you very much. What about selling of an old ancestral property by an undivided HUF members? Whether the income comes to their legal heirs will be taken into account for tax purpose? An explanation is highly required sir,

@SMEDUTALK Год назад

I am not a legal or financial advisor, but I can provide some general information on this topic. In the case of selling an old ancestral property by an undivided Hindu Undivided Family (HUF), the tax treatment and whether the income will be considered for tax purposes can depend on various factors, including the nature of the property, the manner of its acquisition, and the status of the HUF. Typically, ancestral property refers to property that has been inherited for up to four generations, and it is considered joint property of the HUF. The income or gains arising from the sale of ancestral property can be treated as the income of the HUF for tax purposes. The tax liability would then be calculated based on the applicable tax laws and rates for HUFs. However, if the HUF has been partitioned or divided legally, and the members have obtained their respective shares, the income or gains from the sale of the property would be taxable in the hands of the individual members and not the HUF. In such cases, the income would be considered as part of the individual member's income for tax purposes. It is important to note that tax laws and regulations can be complex and can vary based on individual circumstances and jurisdiction. Therefore, it is recommended to consult with a qualified tax professional or chartered accountant who can provide personalized advice based on the specific details of the situation. They would be able to guide you on the applicable tax rules and the proper treatment of the income from the sale of ancestral property by a HUF.

@bharathi7964 18 дней назад

Thanks

@SMEDUTALK 16 дней назад

Welcome. Thank you for buying 'Super Thanks".

@revathisivaraman4745 2 года назад

GOOD INFORMATION

@SMEDUTALK 2 года назад

Thanks

@chennaispetlove7606 Год назад

Super USeful! We have recently sold our Ancestral property (1947 built) on May 2022. In this case what would be our calculation? Is the Index value given here is standard and true across all areas?

@SMEDUTALK Год назад

Super USeful! - Sounds great In this case what would be our calculation? - Watch this video; Capital Gain Tax (Tamil) | Questions & Answers - Part 1 | Selling a house or land ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ZMBdx2dWN1s.html Is the Index value given here standard and true across all areas? - Yes, but google it to check for your satisfaction. It is always better to recheck, and never rely on one answer/person.

@nirmalamanju6006 2 года назад

Good explanation sir

@SMEDUTALK 2 года назад

Thanks and welcome

@hemalathap1257 Год назад

Clear explanation

@SMEDUTALK Год назад

Thanks

@rajaveerappa8418 2 года назад

very useful sir, Tq

@SMEDUTALK 2 года назад

Always welcome

@lakshmipriya7014 Год назад

Very helpful

@SMEDUTALK Год назад

Glad it helped

@balasubramaniansambasivam2218 2 года назад

Whether the LTCG kept in CG account drawn for investment in REC or NHAI bonds

@SMEDUTALK 2 года назад

Yes, you can

@joysinghjohnson8753 2 года назад

100% correct. Thx.

@SMEDUTALK 2 года назад

Glad you liked it.

@mohansankar1815 Год назад

Sir, Thank you for your wonderful information . My doubt is that 1)whether this capital gain tax is applicable for ancestoral property when it is sold and 2) if the property is purchased during 1967 how this indexation method being applied for? Pl explain.

@SMEDUTALK Год назад

1) Yes, it is. 2) Please watch the following video to get the elaborate answer; Capital Gain Tax (Tamil) | Questions & Answers - Part 1 | Selling a house or land ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ZMBdx2dWN1s.html

@srisan09 2 года назад

Sir, very informative details. extremely happy. thanks. If i own a vacant land in 1988, wts is the index value?

@SMEDUTALK 2 года назад

Thanks. The CII value of 1987-88 is 150. The CII value of 1988-89 is 161.

@Rathna-nb4lu 8 дней назад

Tks bro

@SMEDUTALK 8 дней назад

Welcome

@ramanathanvenni8206 2 года назад

Valid information sir

@SMEDUTALK 2 года назад

Thanks and welcome

@bharath_v 2 года назад

Good One!

@SMEDUTALK 2 года назад

Thanks for the visit

@zesathish 2 года назад

This Topic is so useful and great knowledge thank you. In the same way we request you to place a video on plot selling and buying with explanation of tax calculations and the period of buying new property with out tax. Is there Any tax benifits for Senior Citizen? Will you please...

@SMEDUTALK 2 года назад

Glad it was useful. There is no tax for buying a plot or house. Tax is levied only for selling a plot or house. You have seen the tax implications when selling a house. The same rule applies when selling a plot except this. உங்கள் வீடு / நிலத்தை விற்பதன் மூலம் கிடைக்கும் வருமானத்தை இன்னொரு வீடு வாங்க மட்டுமே பயன்படுத்தலாம். நிலம் வாங்குவதன் மூலம் வரியை சேமிக்க முடியாது. No tax exemptions are given on capital gain tax for senior citizens.

@fredrickroberts4944 2 года назад

Wonderful Information..Thank you for sharing..Is this formulas applicable for the plot or land also?

@SMEDUTALK 2 года назад

Yes, it is

@fredrickroberts4944 2 года назад

@@SMEDUTALK Thank you..👍🏼

@jayashrivenkatesan8372 2 года назад

What is capital gain? Is it the diff between the selling and buying amount or the amount arrived @ after applying that formula

@SMEDUTALK 2 года назад

@@jayashrivenkatesan8372 Selling price - Indexed cost of acquisition

@jayashrivenkatesan8372 2 года назад

@@SMEDUTALK thk u

@subramanianmuthugopal2678 2 года назад

Highly informative sir

@SMEDUTALK 2 года назад

Thanks and welcome

@subramanianmuthugopal2678 2 года назад

Sir if ur reply is exhibited in this video it will be educative and informative to all. Pl do it sir

@SMEDUTALK 2 года назад

@@subramanianmuthugopal2678 Good idea sir. Soon, I'll upload another video for Q&A in CG tax.

@mahiraji7830 2 года назад

Nice Info. But if you buy home on loan then how to calculate buying price? Actual cost as per agreement or total amount paid to bank including interest. Please clarify

@SMEDUTALK 2 года назад

Watch this video to know the detailed answer; Capital Gain Tax (Tamil) | Questions & Answers - Part 3 | Selling a house or land ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eGU8h7rIhGw.html