Sale of Immovable Property
Sale of Immovable Property
- How do I report capital gains in my ITR?
- I used the money from the sale of a residential property to buy a new house for my wife and me. Can I claim the exemption under Section 54?
- When capital gains from the transfer of several properties are invested in one residential property, can an exemption under sections 54 and 54F be claimed?
- Due to the implementation of section 50C of the Income Tax Act, my capital gain is calculated at a higher amount than the actual profit I made from the sale of my asset. Do I qualify for the complete exemption of such deemed capital gains?
- I sold a builder my old house In exchange for a brand-new home in a different building. Will I be able to claim the exemption u/s. 54?
- Can I claim tax benefits U/s 54, if I have sold my residential house and invested the entire proceeds in purchasing a new house from a builder, but have not received possession of the new house yet, even though an agreement of sale is registered?
- What is the definition of "appurtenant land" as used in Section 54?
- What's the timeframe for constructing a new home after selling the original one to qualify for the Section 54/54F exemption?
- Can I qualify for exemption under Section 54 if I start construction on a new residential property before selling my current one?
- What is the duration within which a new residential house must be purchased after selling the original house to avail of tax benefits u/s 54?
- Can the exemption under section 54 be claimed if a firm-owned house that partners use for residential purposes is sold?
- I have entered into a agreement with the developer to buy a flat and made payments on the basis of percentage completion. It’s been 2 years now, but I haven’t received the possession or entered into a sale deed. Can I qualify for exemption u/s. 54 / 54F?
- Am I eligible to include the cost of the plot for my new house while calculating my exemption benefits?
- Can I claim exemptions under Section 54 if I demolish my old residential house, give the land to a developer for a residential complex, and receive some apartments in return?
- Can I claim an exemption under Section 54 if I'm having a house constructed by a builder or contractor?
- Is the exemption applicable if the residential property is purchased outside of India?
- Is it possible to own the bonds under capital gain scheme jointly?
- Which risks are associated with investment in bonds of REC and NHAI?
- What is the interest rate on REC and NHAI bonds?
- Can I get a 54EC exemption if I sell my asset outside of India?
- Can I invest in REC/NHAI bonds worth more than Rs. 50 lakh?
- Is the interest income from REC/NHAI bonds taxed?
- Is there any lock-in period for 54EC capital gain bonds?
- How much can person invest in bonds under capital gains tax exemption scheme (section 54EC)
- What happens if I redeem the bonds issued by REC/NHAI before the three-year period of investment?
- Does the Capital Gains Account Scheme enable individuals to avail exemptions under section 54EC of the Income Tax Act?
- As REC/NHAI bonds are currently unavailable in the market, I am unable to invest my funds . What option is available in this case?
- Can I claim exemption under sections 54EC and 54EE in addition to section 54?
- Is it possible to avail benefits simultaneously under Sections 54EC, 54, and 54F?
- Describe the Capital Gains Account Scheme.