Changes in Capital Gain Exemption Limit | Section 54, 54EC, 54F of Income Tax Act | Yogesh Katariya

[@vijayanand1997]

Useless budget for salaried class... Old regime is more attractive than the new regime even after the budget. .. There has been no change to the old regime.. Full gimmicks.. Do comparison of 15 lakhs salaried before and after the budget?

[@ramyasri6093]

Yes pls

[@ramyasri6093]

Well said

[@shubh_Chak]

Then follow old regime

[@arunbehl7]

Very clear and to the point video. This was very helpful. Thanks

[@sp-ye7ht]

Good explanation sir, please explain 1. is it applicable for sale of shares..if yes is it for stcg or ltcg? 2.regarding the purchase can we buy a plot or have to compulsory buy house only?

[@chanduprajan5436]

Very well explained. Thank you so much❤❤

[@dhirajmishra9015]

Thank you Yadnya! Tax section has helped me just now

[@sarinnarayan7796]

Good simplified explanation.

[@sarinnarayan7796]

Superb explanation

[@animeshghosh913]

Can you please provide that excel you used in livestream on budget day to compare old and new tax regime deductions ? It will be really helpful for us 🙂

[@nabakumarguria5110]

Sir ,I have a query Ek(land) sale kiya Cost--5 lakh Sale--8 lakh Gain--3 lakh Next time 100 din ke Andar fir se ek Land kharida approximate Vale 10 lakh. Hamara kitna amount per tax lage ga?

[@jagdeepjhajharia7020]

Sir, Can we purchase two residential house properties after selling one house property? Exemption will be available in this case? Please advice. Thanks

[@pavankgupta2356]

If I buy a house in February 2023 and sell a long-term mutual fund in January 2024, am I eligible for an exemption under Section 54F of the Income Tax Act?

[@sanjaydhage1483]

Sir , I have a a query . If I am having a long term capital gain of say 25 Lacks. To take exemption of capital gain tax under section 54, Can I purchase plot & construct house jointly with my son as co-owner.

[@sheerenbegumkhan3677]

Thank you

[@vickymaster]

. if my dad sell his existing roperty at 4 crores and buy three flats with the proceeds from sale will he still be eligible for exemption on long term capital gain. ? Or is there a limit to purchasing only 1 property? Or he should first divide the property into his 3 children and then sell the property. So that there is no long term capital gain from the property. And all 3 children get the share of sale of property ..

[@user-ei3xl3yu9l]

Sir, How much time do we have to invest the gain into new property under Section 54 ?

[@tejasmandale2449]

What about the illigal property sale ? We don't pay any stamp duty on illigal property sale. Still we can avail the benifits of section 54 ?

[@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.

[@vishal5210]

Can we take benefit of section 54f for commercial purchase like shop.

[@ankurrathi1445]

Sir Ji maine 20 lac ki house (home) property sell ki hai 7 year baad or 2 maine baad 20 lac ka plot buy kiya hai kya mujhe tax pay karna padega yaa Nahi please confirm me I am your regular viewer 🙏

[@mradventureplanate3657]

Any update sir same case

[@manish007142]

If I use the LTCG for prepayment of Home loan then 54F section will be applicable? If yes, what's the process to claim it.

[@dhirajmishra9015]

If we have LTCG, but capital gain is used in some other work but if same amount is paid in home buying/ loan repayment... Will I be tax exempted?

[@AllRounderMitra]

If I sold property and applicable LTCG and planning to buy new property but wanted to know what is time limit upto what period I have time if I sold property in Feb'23

[@devduttjoshi6953]

Do these sections apply ok stock market profit invested in property?

[@meerasabnis6560]

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

[@darshitpathak3437]

very nice video. Can you share if possible to claim under section 54F? sold mutual fund which produced LTCG & STCG on let say 20May, 2023. And used that money (full consideration) to purchase an under construction flat . Agreement done somewhere in june'23., flat has targeted possession date in Dec'26. Individual doesn't own any house till that date. So all the amount of LTCG can be claimed under 54F or not? And is it mandatory to deposite any amount in CAGS or ok if paid directly to the builder?

[@sanjeevrathour]

Sir, Is there any lock-in period to hold second property, purchased /reinvested to claim capital gains tax exemption under section -54 on LT capital gains reinvested???

[@chandrashekharhs9738]

Is the Ltcg on mutual fund eligible for exemption if we invest the proceeds on construction of a house ?

[@ameyapathak2008]

What about LTCG in equity and equity based mutual funds ???

[@viragnirmalkar]

Crypto currency selling pe bhi 54f ka benefits le sakte hai kya??

[@rajattsinghall6362]

For eg we sold our home in jan 2023, how time left to invest capital gain tax

[@neetubansal5945]

Hi! what about purchase of apartment with payment plan for multiple years. can i keep selling shares each financial year and set off LTCG against the installment payments every year?

[@PrarthnaBisht]

Does residential plot come under section 54 ? Or does it come under 54F?

[@ajaychaudhary8598]

If there is capital gain in section 54F , by selling land - 1 What is rate of taxation? 2 How this taxation can be avoided apart from further total investment in property?

[@CAYOGESHKATARIYA]

Tax Rate is 20% U can purchase 54EC bond also to save tax

[@GirishSvk-og2zf]

Can I invest capital gains from property sale in shares Thank you

[@siva091092]

Hi Sir, very informative video. Thank you first of all. Can the LTCG obtained by selling stocks held in US markets eligible for 54F deduction when used for home renovation/interior-decor?

[@nishantrai6128]

Does it allows equity capital gains as well

[@NiteshSuryawanshi-wn2jz]

Nice Video. In Sec 54, the capital gain from foreign equity share are also exemted?

[@rohit59715971]

When we sell ancestrol property who is eligible to get two house benfit under saving capital gain.

[@art.craft.100]

Sir should we invest more or exit from JUBILANT FOODWORK

[@harshitlalsoni5351]

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

[@YZmovieshort1991]

Sir mere dost ki maa ne proparty sale ki hai 2022 April mein or unko long turm capital gain huwa hai Par Uno ne capital gain accont schem mein nahi dala paisa Ab unko bol raha ki apko tax bharna padega Plz kuch solution bataye

[@varshaashtikar8225]

If plot is in the name of father. n son has to buy new flat. Is it applicable. N flat son n father dono ka naam rahega ki kya..

[@rahulverma-eb3bx]

In case of construction, will bank pay plot payment from capital gain account scheme on which I want to construct the house? Will there be any issue from bank for plot payment?

[@ganeshvlogs2104]

Hi sir.. Very good info... If I have gain of 50L in future from stocks and mutual funds and I use that gain in new 2nd house property ... As I have 1st one.... Can I get tax exempt with that 2nd hoise property purchase?..

[@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

[@SunilChavan-yo6vd]

Is it necessary to invest the capital gain from House property again for purchasing the house or I can invest in Mutual fund/stock(equity)? So that I will get tax redemption.

[@nileshsarda]

Yes , u have to invest in house property only

[@narendraraut9125]

can we get benifit of section 54 in new tax resigm benifit

[@RAMSINGH-xd5ej]

Can i pay capital gain amount to prepare home loan on one year old under-construction property. Possession after 18 months

[@Ajaysaini-yl3vg]

error :please ensure the total of deduction u/s 54 must match the same in table D........... can anyone help to remove this error

[@kaushikkamat3568]

plot in the name of tax payer. sold and proceeds received. such proceeds are transferred to daughter and new house purchased in the name of daughter. can wife take exemption us 54F?

[@kpp4295]

Sir, all capital gain amount invested in new under-construction flat, complete amount paid to builder within two years from the date of property sale.But possession in agreement was within two years after selling house,now it is delayed, is it ok if all capital gain amount is paid to builder within two yrs, but possession is after 3 yrs??

[@pradeep6990]

Will 54F be applicable for capital gains made on listed or unlisted equity shares or mutual funds

[@SunilShahu17]

Need more information on this.

[@Vivek-ty1lo]

Yes,it is applicable for any capital asset other than RHP.

[@bhushanpatil5875]

Quarry:- If my wife sold a plot and got 25lac as CG then if she construct the house with that money on a plot registered with my name, then will she get the exemption??

[@Vivek-ty1lo]

Capital gain is yours not of her you will get exemption.

[@lakshyadabi2974]

Does plot includes in 54

[@Rohit_Gupta1629]

Is 54F applicable on listed equity or Mutual fund gain invested in property and tax can be exempted or not?

[@nileshsarda]

Yes , We can claim exemption

[@TanwarKal3]

Middle class just suffer from their hungernessbof money

[@BaBa-ri9iq]

Maine last year agriculture land ka ek part sale kia tha..or ghar ka construction chal raha tha to IT section 54f m deduction lia tha..is saal agriculture land ka ek or part sale kia h or us ghar ka construction abi chal raha h.. KYA MAIN IS BAAR BHI 54F KA DEDUCTION LE SAKTA HU?

[@snju8089]

Yes, if you don't own more than one residential house

[@rajeshsethi5293]

Sir I have mutual fund units and want to redeem it which will attract LTCG. I am planning to construct house on already purchased plot 2 years back. Shall I be eligible for 54F exemption, if I use all the money received for construction. Can I use the amount received for home loan repayment.

[@Vivek-ty1lo]

Yes you will be eligible for 54F but you have to complete construction in 3 years and you cannot use the amount for repayment of loan you have to only use it only on construction.

[@jayashreesivaraman5578]

Namaste, We sold a house in 2020 February. Due to Covid 19 we could not search a house. Only this year we could fix a house. This house is to be registered on 30th June, 2023. Can we get the LTCG tax exemption. Pl guide.

[@NaveedAhmad-wm4hf]

did your problem solved

[@sujatanag378]

Yes you will get if we calculate the duration in financial years.

[@debasishchatterjee5485]

Sir pls help me. I bye a property rs 100 and sell it after 5 years rs 150. Now my capital gains is rs 50. For tax saving i have to bye a property rs 50 or 150 ?

[@swaminathbera6407]

50

[@swaminathbera6407]

Consult a CA because there are other conditions too than this

[@RETROX6580]

I have an query. I sale share and mutual fund . My LTCG Is around 18 lakh. Maine jab jab ye share sale kiye h tab hi maine plot ki installment m diya h. Kya m 54 F deduction le sakta hu

[@mohitgarg3255]

No, only in resdential house. A plot of land doesn't include in residential house

[@AmritpalSingh-wq2gg]

Is section 54 available on sale of plot ?

[@maitreyab]

Do we get LTCG IN mutual funds and share in 54F

[@chiranjeeveekumar5242]

Nahi

[@CAYOGESHKATARIYA]

Yes

[@amangarg9504]

Shares 54f mai aate hai?

[@CAYOGESHKATARIYA]

Yes

[@Arun14741]

Ye to black money ko bdayega

[@chanduprajan5436]

Very well explained. Thank you so much❤❤

[@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