6 replies on this article “Query on capital gain for selling property”

1. Ashal Jauhari says:

   March 7, 2013 at 10:24 am

   Dear Rafi, please do the actual calculations. if you are spending at least upto Gain amount or more than that, then only you can claim.

   Thanks

   Ashal

   Reply
2. Md Raffi says:

   March 7, 2013 at 8:09 am

   Ashal,

   Thanks for the clarification. I am planning to construct house in my another vacant plot.
   Hope this will eliminate my capital gain.

   Thanks
   Raffi

   Reply
3. Ashal Jauhari says:

   February 23, 2013 at 9:35 am

   Dear Rafi, yes, the basic amount spent by you to wards construction ‘ll also be considered for calculation of LTCG.

   Thanks

   Ashal

   Reply
4. Md Raffi says:

   November 15, 2012 at 11:16 pm

   Thanks a lot for the clarifications. My main concern is whether the amount invested for construction(Loan amount) will be deducted while calculating the capital gain.

   Reply
5. Manish Chauhan says:

   November 15, 2012 at 8:25 pm

   There are NHAI and REC bonds where you can invest your money to save tax !

   Reply
6. Biswa Singh says:

   November 15, 2012 at 3:03 pm

   1. To know the capital gain please consult a authorised valuer who will do the inflation adjustment and tell you the actual capital gain. The income tax on long term capital gain is 20%.

   2. Best suggestion will be given by the authorised valuer who wil do the inflation adjustment on the actual money invested in buying the land and construction cost.

   3. You can reinvest the money in a residential property to save the capital gain tax or you can invest the money in capital gains tax saving bonds or Capital Gain Account Scheme (saving or term deposit)

   Reply

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