All About Sec 54F Capital Gain Exemption | Income Tax | CA Inter | CA Rohan Gupta

[@riaaaaaaa454]

CA INTER Students will find this the most useful ❤

[@kiaaraa]

Youve made learning this overly complicated topic so incredibly easy!! Thankyou so so much🙌

[@IamCARohanGupta]

Glad it was helpful! :)

[@varuna3595]

Sir now u r god for me thanks, we need this type of explanation

[@MdArman-yr6uh]

Mind blowing video.....sir you are going to fly sky high really soon....soon u will be recognised as one of the best teacher for taxation...

[@IamCARohanGupta]

Hey, Thanks for watching! Thank you so much for your kind words, really means a lot. Thank you :)

[@kumariaastha6220]

Sir really loving 💝 it i understood conceptual for 1 time .My exams are in nov 23 inter and pls do make video on residential status, HP , salaries chapter. Really what we have not understood in 19 -20 hrs of capital gains chapter we have understood u are video. Pls do make video on especially residential status of section 9 ( total scope of income) I am not able to understand logic behind it .fast

[@riaaaaaaa454]

Taught better than my teacher:)

[@takshilchodavdiya6127]

You are really doing a great job. You're proved angel for all those students who has always question in their mind "why?"& I am one of them. I have no any words to appreciate your efforts . 🙏🙏🙏

[@akhileshambhore4003]

Superbbbb Explanation !! Thanks !! Keep Sharing Knowledge !!!

[@IamCARohanGupta]

Hey Akhilesh, Thanks for watching! I am really glad you enjoyed the videos and thank you so much. You can check out other videos on the channel too, will find them helpful :)

[@muskaansharma5879]

Sir, can't express my gratitude towards your work, Only one word Keep it up

[@balasubramaniang1311]

sir thank you soo much. now i got clear view about section 54F

[@lostcosmos1321]

You have to invest the net sales amount and not just capital gains for exemption under section 54F

[@Spooky_nights_007]

Best video to clear m exemption doubt thank you soo much sir ❤️🙏

[@IamCARohanGupta]

Thank you so much :)

[@rameshmethani9617]

complicated topic ko best tarikey se samjaye thanks Rohan bro

[@vinaysingh-ou4kb]

Amazing video sir. thankyou for providing us such an wonderful content ❤❤

[@IamCARohanGupta]

Hey Vinay, Thanks for watching! I am glad you found the video helpful. Thank you so much :)

[@pristis-jt9qu]

Explained the details with facts and figures , in a very simple manner

[@RohitKumar-in2jt]

Amazing video sir with full detail and logic

[@khyatisingh8574]

The best video ever found on exemptions...

[@kamalsinghbisht1210]

Thank you bhaiya ✨💫👍

[@TopperRubyRai]

bro ur fucking awesome,, really loving the part where u start it from the history bg and use the clips of old india.. really make more sense to sections. gained +1 subscriber

[@adityapatange2515]

Its really like a revision video of the concepts I have studied....amazing as always sir....looking good sir😁😁u should have a full grown moustache😄😄....would be great IG

[@IamCARohanGupta]

Thank you so much Aditya :)

[@rodeopriya]

I might have checked this useful video much earlier. Thank you

[@lucycarlyle-m8p]

very good video but the clock ticking in the background is giving me anxiety

[@kumariaastha6220]

Sir really loving 💝 it i understood conceptual for 1 time .My exams are in nov 23 inter and pls do make video on residential status, HP , salaries chapter. Really what we have not understood in 19 -20 hrs of capital gains chapter we have understood u are video. Pls do make video on especially residential status of section 9 ( total scope of income) I am not able to understand logic behind it .fast

[@kumariaastha6220]

Time is less so pls Residential status will give me 6 M if we understand the logic

[@IamCARohanGupta]

Thank you so much :)

[@contentconnecthub]

Grt!!!!👌👌👍👍

[@IamCARohanGupta]

Thanks a lot 😊

[@krnrajan]

very well explained. A couple of clarifications. Should not one invest the enitire amount (50 lacs) and not the CG only under Section 54F. Also, in you example. If only 30 lac is invested - then the CG should be paid on the 16 lacs correct since out of the 50 lacs, 10 lacs is the principal. Kindly clarify

[@NiteshSuryawanshi-wn2jz]

Great video. In Sec 54F, the capital gain from foreign equity share are also exemted?

[@vishal_vithalani]

Thanks it was very informative, but exemption is eligible for new house or resale house also?

[@NRNTAXSTUDY]

To exercise this exemption should the amount obtained after selling of long term equity be invested only in house or flat or can this be exercised in buying residential land to build a home latter on it.

[@__lisha]

👍 great keep it up

[@vanishree4939]

Very well presented sir. But my doubt is if an assessee sells 3 long term capital assets and purchase a residential property, how the exemption can be claimed under Sec 54F. Is it proportionately?

[@meerasabnis6560]

I have paid for new flat from the sale of shares even then why I have to show investment in the bank 4:45

[@yuvrajlakhiwal7627]

Best explanation ❤

[@sundeepar]

If i sell my shares multiple times to set off a home loan for under construction property, will each sale of share be considered under 54F? Or do I need to sell all my shares in one go?

[@tambolim]

Thanks, for informing video, please assist: I am selling stocks to clear the second home loan after 4 years of purchase, can I get the benefit from section 54F on capital gains?

[@dhrumitbabariya505]

Can you please make a video on Grandfather Clause.

[@ashishrastogi7122]

is it necessary to transfer the sale consideration amount to Capital Gains Account? What if no such account was opened.?

[@amitjoshi9833]

I own two properties: one under my name and the second jointly with my wife. I bought the first property in 2014 and the second in 2021(still not handover). If I sell either property, am I liable to pay capital gains tax? I am an NRE, and my wife is in India. Please advise.

[@SanjeevKumar-rm5uc]

Very good👍

[@IamCARohanGupta]

Thank you very much :)

[@sp-ye7ht]

Can this section 54F applies 1. also to STCG from shares. or only to ltcg? 2.does it be used to purchase plot..

[@donitsdangerous]

Same question

[@vishal5210]

Can we avail this benefit for purchasing a commercial property like shop

[@SANJAYKUMAR-dq9im]

I had 2 residential and one of them I sold one residential property on 30.06.2021 of Rs.2.62 crore and bought a new residential house property on 01.06.2022 of Rs.3.18 crore and deduction claimed U/s 54 of Rs.1.76 crore which was my capital gain and capital gain became nil. Please confirm can I claim deduction U/s 54F of the same property which I bought on 01.06.22 for remaining unclaimed amount of Rs. 1.42 crore (Rs.3.18 crore Less 1.76 crore) in next FY 2022-23 on LTCG on sale of equity shares of Rs.50 lakh entire FY 2022-23.

[@syedshadman_1564]

Does section 54F applies on a plot or a purchased rental property

[@meerasabnis6560]

Why am I getting following error and how do I solve it . Error :Deduction u/s. 54F claimed here (Table D) should match with total of deduction(s) claimed in respective asset.

[@mercurym9137]

I have capital gain for FY 22-23 and capital gain for FY 23-24. Can I show section 54F in both years for purchasing first new home in 2023 ?

[@nadeemali2785]

Can u tell me one thing how can we purchase or construct a house before the sale of shares

[@dsravani8714]

TQ ❤❤❤

[@anjubansal7690]

If we invest in an agriculture land or RZone land tab exemption milegi kya

[@Guptaabhinav1]

If I don't have any house in my name ....can I buy 2 houses? Buying land is also considered in this for building a house?

[@raghavendermudi4881]

Very nicely explained. I have one follow up question? Can I transfer shares to my mother as gift and then sell them and use that amount to buy home? actually I applied a flat in DDA and her application got selected.

[@shivamkardile9457]

Hii, if my father is having one House on his name and if he buys another House jointly with me then can he avail exemption under section 54F ?

[@AJ-db7lr]

If smone sells mf and has ltcg which he uses in construction of home but he has not created capital gain account so will he be able to claim exemption

[@ashutoshbhatt8990]

Hello, section 54F is not applicable with short term capital gains?

[@aniltripathi7819]

I realised a 20 lakh capital gain in FY 2023 and purchased a plot of 12 lakh in the same FY, May I be eligible for the benefit of section 54F of IT .

[@anushabhat1799]

Sir Doesn't't this section also mention that purchase of residential property should be less than 10cr.

[@AdityaSharma-ii8dh]

What if we haven't put our Capital Gain in CGAS and plan to buy property after 2 years. Can we claim it back later after 2 years on purchasing the property?

[@vaibhavagrawal-r5l]

Does this include LTCG from mutual funds also

[@sahilchamp]

But, how to claim this exemption in ITR? It's only capturing the Capital Gains and showing me to pay taxes.

[@navjyotyadav4053]

can you create a video on "if somebody sold his plot in nagar nigam area and settle flat home loan", do we get exemption?

[@sainiabhishek1]

Hi sir can we use this LTCG in case of ESOP as well?

[@priyankasahachowdhury3067]

Do you get this info ?

[@nishthachhajed4585]

If you have more shares to sell and already invested/purchased a house property after sale proceed of lot1 of shares. will the Cap gain generated on subsequent sale of shares be exempted u/s 54F?

[@neelashsharma5920]

Can we claim both exemption 54f and 54 b by selling an agricultural land

[@surajbhosale9083]

Yes you should.

[@surajbhosale9083]

If the land is rural agriculture land then it is exempted.

[@sandeepnagori1851]

If possession of flat is after 3 years from booking date then will exemption still be there?

[@ravirajtim3833]

what if we build a with the money after selling the old property???

[@sarthakaggarwal405]

sir agar agriculture land sell kiya hai aur residential mai investment kiya to kya tax lagega ya nhi ?

[@shahidkhilji2541]

If the capital asset that I sold was a residential plot of land and from the sale consideration of this plot I have purchased a house. I had already owned house before purchase of a new house. Will I get the benefits of 54F ?

[@ravinderkumarbist9123]

I sold two plots in juky 2022 at net value of 20 lakh + 30 laks (total of both plots 50 laks). Further i bought a residential house at 60 lakhs in Dec, 2022. I didn't own any house before that. I think i am eligie for full tax exemption on capital gain under 54F. Please confirm

[@jainmanan000able]

Sir if i am buying house for alll capital gain amount say 1 cr , but i pay 60 lakhs in cheque and 40 lacs by cash then will it be counted

[@ankithere]

exemption is withdrawn if I purchase a house in the next one year or next two years?

[@aswing3475]

Sir i have a doubt, in all exemptions like 54, 54B, 54D, they are reducing CG from. Cost in case of violation of lock in period. But why in case of 54f and 54EC they are separately levying LTCG is there any logic?

[@krismba]

Thanks Mr Rohan its pretty useful...Can you let me know scenario where i bought property in 2022 - 40 lakhs and took a loan of 30 lakhs and 10 Lakhs down payment and sold shares in 2024 Long term capital gain of 10 lakhs will i get exemption under 54 F, If Yes can i get this for making a loan prepayment

[@bsachinsb]

Does sale from Foreign stocks and long term capital gain arising from it is also applicable to exemption under sec 54F when we bring the amount to India ?

[@mradventureplanate3657]

Any update sir same situation

[@vcvc567]

Sir, suppose I got 25 lakh from sale of my plot purchased by me 10 years ago, now when I buy a new property but in my son's name of say 60 lakh....then during the new sale transaction should i directly pay my capital gain of 25 lakhs to the seller or should I first deposit it in my son's bank account and thereafter my son should transfer this 25 lakh plus the additional amount to the seller ?....so i other words should i or my son ,who should transfer this amount to seller for claiming section 54F for myself? waiting for your reply

[@LEARNINGCHANGESLIFE]

Is this applicable on Mutual Fund Capital Gain?

[@rajivkumar3623]

👏👌

[@harshitlalsoni5351]

Sir old house purchase karke new house construction kare to kya 54f ka benefits milega

[@sp-ye7ht]

Bhai..54F is it applicable if we buy a open plot with the profits?

[@hskvlogs9305]

is crypto gain exempted under section 54f? plz reply

[@pristis-jt9qu]

QUERY ::: 1) RBI gold bonds, are they applicable - it yes then post 5 years or post completion at 8 years? 2) can all categories be clubbed to invtesm 54F ie. shares (1 year above);, MF equity (3 year above); physical gold (5 year above); RBI SGB. (5/8 year above ?) So the proceeding of LTCG, It needs to be deposited in single LTCG new bank account? It may happen in installments too in some case, then... 3) Can the long term share be transferred (eg. mother to daughter), to increase the corpus amt. ? how much would transfer cost and it's due diligence process steps? Hope, the share purchase date will be the actual date and not transfer date ?

[@ranjanabhargava1001]

Sir if person owns 1 residential house purchased 5 years before can person take benefit of thia section 54f

[@sanjaykumarmishra7688]

Bhai shares ki jagah agar plot ho toh ? Maanlo , 1 plot hai usko mene 2020 me khareeda and 24 month 4days ke bad me mene becha and 11lacs ke capital gain se mene Naya Ghar khareeda liya to kya hoga ?

[@varunsoni6896]

Mutual fund se jo profit hoga usme bhi 54f milega?

[@ramamoorthysarangapani7258]

Out of capital gains i have two residential property.Can i have settlement with my wife for one flat without consideration within one year from the date of occupation.This is not a sale only sett without consideration I think that rules are not clear about settlement.thanks

[@pristis-jt9qu]

QUERY :: 1) RBI gold bonds, are they applicable - if yes then post 5 years or post completion at 8 years? 2) can all categories be clubbed to invtesm 54F ie. shares (1 year above);, MF equity (3 year above); physical gold (5 year above); RBI SGB. (5/8 year above ?) So the proceeding of LTCG, It needs to be deposited in single LTCG new bank account? It is very likely that may happen that different LTCG go in installments too then what is time frame .....hope it's allowed 3) Can the long term share be transferred (eg. mother to daughter), to increase the corpus amt. (to buy new property and save tax)? In that case, the share purchase date will be the actual date and not transfer date? Kindly reply. Many thanks

[@AmitSolanki4U]

Is it applicable on short term gain to

[@parin28]

Case 1 : If I have no house and purchase 2 house at same time. What will be situation. Case 2 : If have no house and Purchase 1 house and next house after 3 years what will be the situation. I want to know exemption in both cases

[@shubhams_s862]

Mene long term shares sale kiya mujhe profit hui or mene uska house purchase kr liya to ky ye exemption milegi

[@priyankasahachowdhury3067]

Do it applies for US share also

[@shubhamchopra6641]

Can you explain sub section 4 of 54F

[@dr.ssrivastava5906]

House was purchased on 29.3.23. Till what date ( Assessment year) 54F exemption can be claimed, Kindly clarify

[@adityamaheshwary2580]

Hello Rohan - I purchased a plot under section 54F and constructed the house within the required 3 years. Now when can I sell the property without the risk of benefits being revoked? Do I have hold the property for another 3 years from the date of construction completion? Or the 3 years is counted from the date of plot purchase? Thanks!

[@manishroy469]

U have to hold 3 years 😊

[@uttarakhandstudyexpress5689]

Rest of amount kyaa hoga.... Jo LTCG se bachega... Construction ke baad

[@vaibhavagrawal-r5l]

Great job

[@DeepakSingh-yd4er]

What if I use this money to close my home loan? still 54F exemption holds good for me? what if i am not keeping these money in Capital gain account? how much tax i have to pay if 54F is not exemption applied for me? can i pay in advance or i have to pay while filling the ITR? will IT charge extra if I am not paying in the same financial year?

[@meerasabnis6560]

How and where to show 54F payments in ITR2

[@songsandmovies1]

nicely explained

[@lakshyadabi2974]

Purane houses mai kya plot bhi consdier karenge

[@harshalpatil639]

Bhai ne sec.54F smjte smjte puri uske upar webseries dikha di 🤣🤣respect++++++🫡🫡

[@siddharthgoyal622]

Is this exemption applicable if we buy a commercial property?

[@karnthaakran-er3fz]

Maine Delhi m apne village m agricultural land sell ki h , kya m is paise s Delhi m residential flat purchase kr skta hu , kya tax lgega

[@abhinavdhariwal3896]

Hi agar koi zyada amount ka ghar kharida toh suppose 1 cr ghar and Mera capital gain 40 lakhs hai

[@SuryaMcGregor]

Bhai land / plot ke case me kya hota hai?

[@ARVINDKUMAR-pz8wh]

नमस्ते सर सर मेरे पास तीन प्लॉट है मैं अपने शेयर कैपिटल gain से एक नया घर खरीदना चाहता हूं क्या मैं 54f के अंदर टैक्स exemption ले सकता हूं Please reply