ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
08 Jun, 2026, 09.52 AM IST
Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly incomeAn investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The exp...
03 Jun, 2026, 10.41 AM IST
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
02 Jun, 2026, 07.11 AM IST
Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...
22 May, 2026, 07.21 AM IST
Can I claim LTCG exemption in same year if I buy a property before selling existing one?ET Wealth Reader's Query: Will buying an apartment before selling the existing one still allow me to claim long-term capital gains exemptio...
05 May, 2026, 04.15 PM IST
I plan to sell my house after 27 years and reinvest in another property. How to save LTCG tax?ET Wealth Reader's Query: I plan to sell my residential property, held for 27 years, and use part of the long-term capital gains (LTCG) to ...
16 Dec, 2025, 05.04 PM IST
Capital gain tax ready reckoner: Listed equity, unlisted equity, gold, house property, and other assets for ITR filing FY 2024-25 (AY 2025-26)Latest Capital gain tax rules: The capital gain tax rules were changed in the mid-year from FY 2024-25 (AY 2025-26). Due to this, a taxpaye...
15 Sep, 2025, 08.48 AM IST
Capital gain on property: How to pay lower LTCG tax using indexation benefitIndian property owners selling real estate acquired before July 23, 2024, now have a choice regarding capital gains tax. They can opt for a...
18 Jul, 2025, 04.23 PM IST
No LTCG tax on Rs 1.32 crore house bought only at Rs 45 lakh: Homebuyer wins LTCG tax exemption case at Delhi ITAT after 7 years fightA homebuyer faced legal and tax challenges after buying a Delhi property, including a dispute over the sale agreement and issues with incom...
08 Jul, 2025, 10.45 AM IST
Buying house by selling equity shares? Here’s how you can claim tax exemption for LTCG on stocks soldSave LTCG tax on equity: To finance the down payment for buying a house, many people sell their assets such as equity shares, equity mutual...
05 Nov, 2024, 12.16 PM IST
LTCG tax on sale of house: Can you add home loan interest to property purchase price to cut capital gains tax?LTCG tax rate on property sale with no indexation: If a taxpayer does not avail of the Section 24 deduction of Rs 2 lakh on interest paid o...
23 Aug, 2024, 11.02 AM IST
NRI cannot claim LTCG indexation benefit while selling property in IndiaLTCG indexation benefit on sale of house property: The government has provided partial relief to the homeowners by providing an option of i...
14 Aug, 2024, 12.41 PM IST
Removal of indexation benefit on sale of property: Why 2001 is a critical year when selling your houseThe long term capital gains (LTCG) tax has been reduced from 20% to 12.5% for all property sales. However, the benefit of indexation has be...
24 Jul, 2024, 10.58 AM IST
Planning to save LTCG tax by buying new house? Govt extends time limit till March 31, 2023The Central Board of Direct Taxes (CBDT) has issued a circular on January 6, 2023, to extend the time limit to claim tax exemption under se...
07 Jan, 2023, 02.51 PM IST
How is long-term capital gains tax on sale of property calculatedThe CII of 2019-20 has yet not been announced. To arrive at the capital gain, you will have to reduce the indexed cost of acquisition from ...
13 May, 2019, 11.14 AM IST
Budget 2019: LTCG from sale of house can be invested in two housesOnce the budget proposal is passed by the Parliament, this would mean that a taxpayer can save tax by investing the gains in two residentia...
01 Feb, 2019, 02.33 PM IST