We are three brothers and inherited a house and 200gms gold jewellery from our father who died intestate. We have registered the house in PUDA in the name of the three brothers equally. Now one of the brothers wants to transfer the share to other two for money, who is NRI. Please give your valuable opinion as to whether this is transfer liable for capital gain tax, as one brother is relinquishing his right in favour of other FOR CONSIDERATION. THANKS
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Sir, If I give my son or my daughter-in-law the mutual fund as a gift, will they or I be liable for capital gain tax? -
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In case of LTCG u/s. 45(5A) whether exemption u/s 54 be claimed by investment in a new residential flat within stipulated period made out of sale proceeds of redeveloped flat? Or is it mandatory to hold newly constructed flat for 3 year?
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Flat purchased in 1985 for Rs.10 lakhs. Sold in FY 2025-26 for Rs.1,13,00,000 after redevelopment in 2023.What will be the long term capital gains? Mr. Satish Mhadnak
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Jv with builder 1.9.24 half ground for one flat for me (owner) and 2 for builder with consideration of 1flat with 20 lakhs cash (bank transfer 5 trs during 2025) project to be completed 30 June 2026. Land is acquired by settlement deed of my father property 3.05.24 register value 40 lakh What would be my capital gain
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Residential Property transferred to legal heirs on 07/02/2019. It was given for redevelopment on 25/11/2022. No financial consideration/monetary benefit since it is redevelopment. Occupation certificate received on 05/08/2025. 4.77% Part of the property (Carpet area) sold in March 2026.What is the Tax applicable for AY 2026-2027 for ITR 2 form.
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Dear Sir, my query is on redevelopment of commercial property, whether capital tax is applicable or not to receiver of the new owner
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We bought flat in 1980. The same has gone for redevelopment in 2018. Possession given in 2025 with 35% extra area in lieu of old area. Now i want to sell this redeveloped flat. What will be taxability?
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In some places it is written that tax on selling non-equity ETF means commodity ETF like gold and silver will be according to the tax slab for short term capital gain (STCG). My question is if a person comes under zero% tax bracket will he/she be exempted from tax paying on its short-term capital gain or not? Please also confirm that is my knowledge regarding taxation as per slab rate for short term capital gain (STCG) and 12.5% for long term capital gain (LTCG) is correct, or not?
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Dear Sir/Madam, Through a registered gift deed dated 04th August 2025, my mother has gifted her self acquired flat in Mumbai to me, basis of which I have become 100% owner now. She had originally purchased this flat in September 1993 out of her own funds. The flat, originally measuring 355 sq ft, is under redevelopment stage and due to FSI benefit, the new flat to be allotted is for 472 sq ft. However, I have also opted to purchase an additional area of 23 sq ft in this flat, due to which I will receive the new flat measuring…
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