Real Estate
ITR Filing 2025: New Deadline, Capital Gains Rules, and Key Tax Changes Explained
The ITR filing season for assessment year 2025 is underway with several changes, including a new deadline, capital gains rules, and updated tax slabs. Real estate LTCG tax has been reduced to 12.5%, but indexation benefits have been removed for properties bought after April 1, 2001.
Real Estate Mumbai
Wife Avoids Income Tax After Selling Two Mumbai Properties for Rs 6 Crore
A wife in Mumbai managed to avoid income tax after selling two properties for Rs 6 crore by leveraging Section 54 benefits and reinvesting the proceeds.
real estate news
Selling a Property Gifted by Parents: Understanding Tax Implications
If you've received a property as a gift from your parents and are planning to sell it, understanding the tax implications is crucial. This article explains how capital gains tax is calculated and what steps you should take to ensure compliance.
Real Estate
Sold Your Property? Consider Section 54EC Bonds to Save on Capital Gains Tax
If you’ve recently sold a property and are looking to save on capital gains tax, Section 54EC bonds could be a viable option. These tax-saving instruments offer exemption from long-term capital gains (LTCG) tax under the Income Tax Act, 1961.
Real Estate
Understanding Capital Gains Tax: What You Pay on Property, Stocks, and Mutual Funds
A detailed guide on how capital gains are taxed for real estate, stocks, and mutual funds. Learn the key factors and planning tips to optimize your investments.
real estate news
ITR Filing 2025: Key Changes in ITR Forms for FY 2024-25 (AY 2025-26)
Learn about the significant changes in ITR forms for FY 2024-25 (AY 2025-26), including wider eligibility for ITR 1 and ITR 4, new TDS section requirements, and updated capital gains tax rules.