Answers On Topic: Capital Gains
  Indexed Cost of Improvements
Hey, I have sell the property for  after the indexed cost of acquisition there is a capital gain, but i have hold the property for 20 years and done lots of repair and maintenance but i don't have retain those bills so how can i prove that do i can claim some cost of improvements.


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  INCOME TAX ACT – APPLICABILITY OF SEC 112A
WHETHER LTCG EXEMPTION U\S 112A BE CLAIMED EVEN WHEN THE GTI IS ZERO OR NEGATIVE IF THE LTCG EXCEEDS THE EXEMPTION OF RS 125000, WHETHER EXCESS IS TAXABLE OR THE ENTIRE LTCG? THANKS IN ADVANCE


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  Capital Gains on redeveloped property
Capital gains exemption u/s 54 issue Facts of the case Purchase price (resale property) of property – 25 Lacs Year of purchase – Jan 2010 Stamp duty / registration – 1.1 Lacs Other cost of acquisition (brokerage / civil interiors etc) – 1.4 lacs Approx Cost of acquisition: 27.5 lacs (448 sq ft)  Redevelopment undertaken in FY 21-22 PAAA signed and stamp duty / registration paid for addl area – Feb, 2022 Additional area allotted – 95 sq ft Additional area purchased – 75 sq ft @ 16,000/sqft registration value – 13.4 Lacs (incl GST, stamp duty & registration) Possession…


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  Applicability of DTAA Benefits on Capital Gains from Indian Mutual Funds
Can we claim exemption/relief on Capital Gains from Indian Mutual Funds for NRIs in Saudi Arabia by virtue of Article 13(6) of DTAA with Saudi Arabia?


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  LTCG (Loss) of NRI from sale of listed shares of Indian Company.
I am an NRI. I have suffered a LTCLoss from the sale of Listed shares of Indian Companies , Under the Capital Gain item No. 6 - 7 - 8 & 9 are for NRI. Under which item should I report the above mentioned loss


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  Whether Plotting of a rural agriculture land in CAPITAL assets
Buy rural agriculture land and within 24 months without any agricultural activities on such land by aseessee sold after development in plot. Is it treated as capital asset and liable to capital gain.


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  54F
A  has  made payments for a flat during the year under ref ; but agreement was made more than 2 years before the said year; can A claim exemption u/s  54F ? any case law ?


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  Capital Gain on Redevelopment of an Apartment to Commercial Office Building
Housing Flat Building went for redevelopment in 2022. Now against this redevelopment Commercial Office space is received in 2025 as per the redevelopment agreement. Will it taxed as capital gain as new residential unit is not received against the old flat.


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  Regards exemption of stamp duty & registration charges towards flat purchased after selling Listed shares and mutual funds as per Section 54F in Income tax
Can  you pls. answer my query , Since  We purchased flat @ Rs.60,00,000 with co-owner as (wife) with equal 50% share after selling Listed shares along with equity based mutual funds & obtained certain LTCG  both individually and only I paid stamp duty/registration charges  & brokerage etc. about Rs.565,236[445,236+(120,000 brokerage)] on whole full amount of the cost of flat . Here it may be added that we invested partial amount, means less than net sales considerations each. Can we avail exemption in sec 54F partially against  long term capital gain  each individually and please reply, can we claim/get exemption in…


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  Interiors and furniture sale along with house
I am selling my house. If I make a separate agreement with buyer and show that interior and furniture cost is around 8-10 lakhs, whether I need to show bills if IT dept sends notice? Whether I need to mention all items and their cost or i can just mention Interiors and no mention of cost in Sale agreement?


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