V.Anil Kumar CA - Capital Gains Tax on Property 2022 | Capital Assets | Income Tax |  

same question for me as well, hope someone will answer it. Thanks

మీ ఇష్టం వచ్చినట్టు ఖర్చు పెట్టొచ్చు

Market value as of 2001

Ll

5 Lakhs

Yes

yes, you need to pay before as advance or self-assessment tax or after assessment with interest.

For the cost of acquisition registration cost, valuation they will consider

Take market value as of 2001

Capital gains will be computed on sharing ratio of family members

U need to take market value as of 2001

👍👌

Good comment kani both centre and State govt. Elections gurinchi kakunda People ni Ela develop cheyalo alochisthe India automatic ga developed country list lo untadhi🌚

To ask you pls tell which developed country is giving the taxpayers pension when they are jobless. Pls tell the scheme that they follow? Govt is not spending only on SC and ST. Tough am not saying that politicians are not corrupt, I am telling the collected taxes are used for the welfare of its citizen. Its our responsibility to elect the correct person to rule us. In democracy every one will not be satisfied. In a nutshell, we need to treat Govt as a sleeping partner to our job/business/profession and give him the share in the profit and as the rule goes we cannot ask our sleeping partner to bear losses as he is not involved in the daily operations. This is what we need to think about the Taxes not only in India but everywhere in the world. Hope I tried to convince you to pay taxes regularly and get rid of the notion that you are earning and others are enjoying your hard earned money.

Then no one is going to work...

Ap State ke dikkuledu center pattinchukodu

Most of the bank managers doesn't know about this scheme if u ask him to open new account on captial gains than they may be shock tooo

@@RAJA1984ism Perfectly told, this was what happened to me about 15yrs back in one of the SBH branch. I need to educate the manager there and he had taken about 15 days to get clearance from his head office and then open that account. This manager did not even listen to the CA team who were doing the audit at that time. Presently after it got converted to SBI there is no problem in my branch specially and I do not know about other branches.

@@daithamadhav any how your problem rectified and you motivated and given awareness to bank manager

@@RAJA1984ism Tq for the swift reply. Pls advice me on this point given below: If I get LTCG by selling shares, will they be nullified if I again buy shares? Will indexations be applied on this case also?

For her the Cost of Aquisition will be ZERO, hence 4crores minus expenses incurred to sell is equal to Capital gain and tax will be @20%. Max 80L.