Real Estate Capital Gains ITR in India, Online Tax Consultant for ITR 2 Delhi NCR

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Maximizing Returns: Real Estate and Stock Market Capital Gains with Online Tax Consultants in India.

 

Introduction

Real estate and the stock market offer rewarding investment opportunities, often resulting in capital gains. To get such gains will lead to ensure tax compliance, our online tax consultants are here to guide you through the process. 

 

Real Estate Capital Gains

Real estate capital gains denote to the profit you earn from the sale of property. These gains can be categorized into two parts:

 

Short-Term Capital Gains: This applies when you sell a property within two years of acquiring it. The profit is added to your taxable income and is subject to short-term capital gains tax.

 

Long-Term Capital Gains: If you hold a property for more than two years before selling it, the profit becomes long-term capital gains. These gains are taxed at a lower rate and may even be exempted if earned amount is reinvested in certain bonds or another property. Please call us for more clarification.

 

 

Stock Market Capital Gains

Stock market capital gains are the profits you earn from trading shares and stocks. 

 

Short-Term Capital Gains: These arise when you sell shares or stocks within one year of their purchase. Short-term gains are added to your total income and taxed according to your income tax slab.

 

Long-Term Capital Gains: If you hold shares or stocks for more than one year before selling, the profit becomes long-term capital gains. As of 2021, they are taxed at a 10% rate without the benefit of indexation.

 

Documents Required for Filing ITR with Capital Gains

Purchase Deed and Sale Deed (Real Estate): There are few documents which prove your ownership, you need to provide, and the transaction details of the property. They are essential for calculating capital gains.

 

Brokerage Statements (Stock Market): Statements from your stockbroker detailing your stock transactions, including purchase and sale dates, are crucial for calculating capital gains from stocks.

 

Bank Statements: These are required to track your financial transactions related to real estate or stock investments, including the purchase price and sale.

 

Form 26AS: This is the document which provides information about TDS (Tax Deducted at Source) and can help you claim the credit while filing your ITR.

 

Capital Gain Statement (for Mutual Funds): If you have investments in mutual funds, you will need this statement to figure your capital gains from mutual fund units.

 

PAN Card: Your Permanent Account Number (PAN) is required for ITR filing.

 

Aadhaar Card: An Aadhaar card is mandatory for ITR filing as well.

 

 

Our Online Tax Consultants for ITR-2

Filing ITR when you have real estate or stock market capital gains can be complex, but our online tax consultants are experts in ITR-2. We provide guidance and support to ensure you file your returns accurately, taking advantage of all available exemptions and deductions

 

 

Real Estate Capital Gains

a. Section 54: Under Section 54 of the Income Tax Act, if you have long-term capital gains from selling a residential property and invest the proceeds in another residential property within two years (or construct a new one within three years), you can claim an exemption on the capital gains. This can suggestively reduce your tax liability.

 

b. Section 54EC: You can invest your long-term capital gains from real estate in specified bonds within six months to claim an exemption under Section 54EC. These bonds are issued by National Highways Authority of India (NHAI) and Rural Electrification Corporation (REC).

 

c. Joint Ownership: If you jointly own the property, each co-owner can claim exemptions separately depends on their share in the property.

 

d. Indexation Benefit: While calculating long-term capital gains, you can adjust the purchase price for inflation (indexation) to reduce the taxable gain.

 

 

Stock Market Capital Gains

a. LTCG Exemption for Equity Investments: As of the 2021 budget, long-term capital gains (LTCG) on equity investments are exempted up to Rs. 1 lakh per financial year. However, gains exceeding this limit are taxed at 10%. To save tax, consider selling investments strategically to keep gains under the exempted threshold.

 

b. STCG Set-Off: Short-term capital losses can even be set off against both short-term and long-term capital gains. Utilize short-term capital losses to offset your tax liability on short-term capital gains.

 

c. Section 10(38): If you have made long-term capital gains from the sale of equity shares or equity-oriented mutual funds, they are exempt from tax under Section 10(38). Ensure your investments qualify for this exemption.

 

d. Tax-Saving Investments: Consider making investments in tax-saving instruments like Equity-Linked Savings Schemes (ELSS), Public Provident Fund (PPF), or National Savings Certificate (NSC) to avail deductions under Section 80C. These can help reduce your overall tax liability.

 

e. Dividend Income: Be aware that dividends from shares are tax-free for the recipient, but the company distributing the dividend pays a dividend distribution tax (DDT).

 

Please call us on 9719586772 or write us at info@sktaxlawfirm.com for Real estate capital gains ITR, Stock market capital gains filing, Online tax consultant for ITR 2. We provide our services in Ghaziabad and all below location.

 

Services Available in Following Areas of Ghaziabad

Sahibabad

Loni

Nyay Khand III

NH-24

Surya Nagar

Vasundhara Sector-14

Amrit Nagar

Gokalpuri

Nehru Nagar-II

Vasundhara Sector-9

Sewa Nagar

Elaichipur

Nehru Nagar-III

Govind Puram

Sanjay Nagar

Dilshad Plaza

Madhopura

Vasundhara Sector-7

Vaishali

GT Road

Nehru Nagar

Vasundhara Sector-4

Shakti Khand I

Gyan Khand I

Dilshad Extension

Raj Nagar Extension

Bhram Puri

Husainpur

Janakpuri

Vasundhara Sector-8

Shastri Nagar

Hazipur

Naya Ganj

Vasundhara Sector-12

Gyan Khand II

Hapur Road

Kavi Nagar

Chhapraula

Nai Basti Dundahera

Dhoom Manikpur

Nyay Khand I

Vasundhara Sector-10

Gyan Khand III

Crossing Republik

Lohia Nagar

Lal Kuan

Gyan Khand IV

Ahinsa Khand II

Niti Khand II

Madhuban Bapudham

LOCALITY

Ahinsa Khand I

Rajendra Nagar

Dundahera

Pandav Nagar Industrial Area

Abhay Khand 2

Vasundhara

Harsaon

Vasundhara Sector-5

Ambedkar Road

Niti Khand I

Wave City

Harbans Nagar

Ankur Vihar

Abhay Khand

Vasundhara Sector-1

Vasundhara Sector-19

Chipiyana Buzurg

Vaibhav Khand

Mahurali

Shakti Khand III

Bahrampur

Defence Colony

Muradnagar

Niti Khand III

Indraprastha Yojna

Patel Nagar

Sehani Khurd

Lalbag Colony

Kala Patther

Daulatpura

Ved Vihar

Raj Nagar

Pink City

Vasundhara Sector-2A

Raispur

Vaishali Extension

Nyay Khand II

Vasundhara Sector-15

Bhuapur

Vijay Nagar

NH-91

Model Town

Shahpur Bamheta

Shakti Khand II

Ramprastha

Kaushambi

Raghunathpur

Vasundhara Sector-17

RK Puram

Bhopura

Dasna

Vasundhara Sector-18

Shalimar Garden Extention 2

Neelmani Colony

LOCALITY

Behta Hajipur

Shalimar Garden Extention 1

Maliwara

Trans Delhi Signature City

Chiranjiv Vihar

Shahberi

Pratap Vihar

Farukh Nagar

Vasundhara Sector-13

NH-58

Shalimar Garden

Pilkhuwa

Panchsheel Enclave

NH-34

Vasundhara Sector-16

Modinagar

Vasundhara Sector-2B

Lajpat Nagar

Kamla Nehru Nagar

Vaishali Sector-9

Avantika

Koyal Enclave

Chander Nagar

Vikram Enclave

Vasundhara Sector-6

Kinauni Village

Nandgram

Vaishali Sector-5

Vasundhara Sector-11

Loni-Delhi Road

Indirapuram

Vaishali Sector-2

Krishna Vihar

Makanpur

Vasundhara Sector-3

Vaishali Sector-1

Shakti Khand IV

Mohan Nagar

Ghukna

Vasundhara Sector-2C

Sadiqpur

Masuri

Hindan Residential Area

Siddharth Vihar

Swaran Jyanti Puram

Shatabdipuram

Marium Nagar

Vaishali Sector-3

Shyam Pak 

 

  

Services Available in Following Areas of Noida

Noida Sector 1

Noida Sector 2

Noida Sector 3

Noida Sector 4

Noida Sector 5

Noida Sector 6

Noida Sector 7

Noida Sector 8

Noida Sector 9

Noida Sector 10

Noida Sector 11

Noida Sector 12

Noida Sector 13

Noida Sector 14

Noida Sector 15

Noida Sector 16

Noida Sector 17

Noida Sector 18

Noida Sector 19

Noida Sector 20

Noida Sector 21

Noida Sector 22

Noida Sector 23

Noida Sector 24

Noida Sector 25

Noida Sector 26

Noida Sector 27

Noida Sector 28

Noida Sector 29

Noida Sector 30

Noida Sector 31

Noida Sector 32

Noida Sector 33

Noida Sector 34

Noida Sector 35

Noida Sector 36

Noida Sector 37

Noida Sector 38

Noida Sector 39

Noida Sector 40

Noida Sector 41

Noida Sector 42

Noida Sector 43

Noida Sector 44

Noida Sector 45

Noida Sector 46

Noida Sector 47

Noida Sector 48

Noida Sector 49

Noida Sector 50

Noida Sector 51

Noida Sector 52

Noida Sector 53

Noida Sector 54

Noida Sector 55

Noida Sector 56

Noida Sector 57

Noida Sector 58

Noida Sector 59

Noida Sector 60

Noida Sector 61

Noida Sector 62

Noida Sector 63

Noida Sector 64

Noida Sector 65

Noida Sector 66

Noida Sector 67

Noida Sector 68

Noida Sector 69

Noida Sector 70

Noida Sector 71

Noida Sector 72

Noida Sector 73

Noida Sector 74

Noida Sector 75

Noida Sector 76

Noida Sector 77

Noida Sector 78

Noida Sector 79

Noida Sector 80

Noida Sector 81

Noida Sector 82

Noida Sector 83

Noida Sector 84

Noida Sector 85

Noida Sector 86

Noida Sector 87

Noida Sector 88

Noida Sector 89

Noida Sector 90

Noida Sector 91

Noida Sector 92

Noida Sector 93

Noida Sector 94

Noida Sector 95

Noida Sector 96

Noida Sector 97

Noida Sector 98

Noida Sector 99

Noida Sector 100

Noida Sector 101

Noida Sector 102

Noida Sector 103

Noida Sector 104

Noida Sector 105

Noida Sector 106

Noida Sector 107

Noida Sector 108

Noida Sector 109

Noida Sector 110

Noida Sector 111

Noida Sector 112

Noida Sector 113

Noida Sector 114

Noida Sector 115

Noida Sector 116

Noida Sector 117

Noida Sector 118

Noida Sector 119

Noida Sector 120

Noida Sector 121

Noida Sector 122

Noida Sector 123

Noida Sector 124

Noida Sector 125

Noida Sector 126

Noida Sector 127

Noida Sector 128

Noida Sector 129

Noida Sector 130

Noida Sector 131

Noida Sector 132

Noida Sector 133

Noida Sector 134

Noida Sector 135

Noida Sector 136

Noida Sector 137

Noida Sector 138

Noida Sector 139

Noida Sector 140

Noida Sector 141

Noida Sector 142

Noida Sector 143

Noida Sector 144

Noida Sector 145

Noida Sector 146

Noida Sector 147

Noida Sector 148

Noida Sector 149

Noida Sector 150

Noida Sector 151

Noida Sector 152

Noida Sector 153

Noida Sector 154

Noida Sector 155

Noida Sector 156

Noida Sector 157

Noida Sector 158

Noida Sector 159

Noida Sector 160

Noida Sector 161

Noida Sector 162

Noida Sector 163

Agahapur

Allahbas

Asagarpur 

Atta Village

Badauli Bangar

Bajidpur

Bakhtawarpur

Baraula

Basi

Bhangel Begampur

Bishanpura

Chaprauli Bangar

Chhalera Bangar

Chora Sadatpur

Dalelpur

Dalupura

Deri

Dostpur Mangroli Bangar

Garhi

Garhi Chaukhnadi

Garhi Samstpur

Gejah Talattulabad

Gijhaur

Gulavali

Harola

Harpal ki Nangli

Hazipur

Hazratpur Wajidpur

Hoshiarpur

Jhataa

Jhundpura

Kakrala

Kambakashpur

Kondlu

Mamura

Mohiyapur

Morna

Nagla Charandas

Nagli Sakpur

Nalgadha

Naya Bans

Nithari

Prathala Khanjarpur

Raipur khadar

Rasulpur Nawada

Rohillapur

Sadarpur

Salarpur Khadar

Sarai Sadar

Shahdara

Shahpur Govardhanpur

Sharfabad

Sikandarpur

Soharkha

Sultanpur

Yakootpur

Yaqubpur

 

Services Available in Following Areas of Delhi

Bodh Pur Bija Pur

Darya Pur Kalan

Fateh Pur Jat

Garhi Khasru

Mamoor Pur

Mohd. Pur Ramzan Pur

Mukhmel Pur

Mungesh Pur

Tikri Khurd

Zind Pur

Begum Pur

Budhan Pur

Qutab Garh

Rani Khera

Rasool Pur

Salah Pur Majra

Raj Pur Khurd

Saidul Azaib

Satberi

Shahur Pur

Dhansa

Dichaon Kalan

Dindar Pur

Ghalib Pur

Mundhela Kalan

Mundhela Khurd

Nanak Heri

Nangli Sakrawati

Ujwa

Moradabad Pahari

Delhi Cantt.

Ghitorni

Pitampura

South Delhi:

Greater Kailash

Lajpat Nagar

Hareoli

Hiranki

Holambi Kalan

Holambi Khurd

Palla

Pansali

Pehlad Pur Bangar

Pooth Khurd

Garhi Rindhala

Gheora

Jat Khor

Jonti

Bhalswa Jahangir Pur

Saidabad

Asola

Aya Nagar

Aali

DMC

Jait Pur

Kotla Mahigiran

Hasan Pur

Isa Pur

Jaffar Pur Kalan

Jharoda Kalan

Pindwala Khurd

Qazi Pur

Qutab Pur

Raghu Pur

Malik Pur Kohi alias Rang Puri

Nangal Dewat

Rajokri

Sambhalka

Nehru Place

Vasant Kunj

Central Delhi and Old Delhi:

Chandni Chowk

Jhangola

Kankar Khera

Katewara

Kham Pur

Sahibabad Daulat Pur

Shah Pur Garhi

Singhola

Singhu

Kirari Suleman Nagar

Lad Pur

Madan Pur Dabas

Mohammad Pur Majri

Chattar Pur

Deoli

Dera

Fateh Pur Beri

Pul Pehlad

Taj Pul

Asalat Pur Khawad

Badhosra

Kair

Kangan Heri

Kharkhari Jatmal

Kharkhari Nahar

Roshan Pura alias Dichaon Khurd

Salah Pur

Samas Pur Khalsa

Sarang Pur

Vivek Vihar

Preet Vihar

Shahdara

West Delhi:

Kureni

Lam Pur

Libas Pur

Rohini

Sunger Pur Delhi

Taj Pur Kalan

Tigi Pur

Surakh Pur

Nizam Pur Rashid Pur

Pooth Kalan

Punjab Khor

Khera Dabar

Maidan Garhi

Mandi

Neb Sarai

Darya Pur Khurd

Ghoga

Hamid Pur

Bakkar Wala

East Delhi:

Nangli Poona

Ochandi

Connaught Place

Karol Bagh

Chand Pur

Chatesar

Khera Kalan

Khera Khurd

Saoda

Sultan Pur Majra

Siras Pur

Sultan Pur Dabas

Sultan Pur

Tigri

Mubarak Pur Dabas

Nithari

Goela Khurd

Goman Hera

Gadai Pur

Jona Pur

Paprawat

Pindwala Kalan

Baqar Garh

Chhawala

Kapas Hera

Kusum Pur

Kharkhari Rond

Khera

Saket

Vasant Vihar

Sher Pur Deri

Shikar Pur

Ibrahim Pur

Iradat Nagar alias Naya Bans

Janak puri

Punjabi Bagh

Qadi Pur

Qullak Pur

North Delhi:

Model Town

Kanjhawala

Karala

Surera

Taj Pur Khurd

Bhati

Chandan Hola

Malik Pur zer-Najafgarh

Mitraon

Mithe Pur

Molar Band

Daulat Pur

Deorala

Jhatikra

Jhuljhuli

Raota

Rewla Kham Pur

Sarita Vihar

 

 

 

  

Services Available in Following Areas of Gurgaon

Sector-88B

Sector-26

Sohna Sector-4

Civil Lines

Sector-88A

Sushant Lok I

Sector-97

DLF Phase 1

Sector-82 A

DLF Phase 2

Sector-91

Haley Mandi

Sector-99A

Sector-6

Sector-8

Jhajjar Road

Sector-89A

DLF Phase 4

Sector-80

MG Road

Sector-81 A

Sector-95

Sector-49

New Colony

Manesar

Sector-52 A

Sector-82

New Gurgaon

Sector-95A

Sector-44

Sector-79

New Palam Vihar Phase 1

Sector-95B

Sector-38

Sector-78

Maruti Kunj

Pataudi

Sector-32

Sector-75

Laxman Vihar

Sohna

DLF Phase 3

Sector-76

Jyoti Park

Mankrola

Sector-40

Sector-77

Khandsa road

Garhi Harsaru

Sector-60

Sector-83

Krishna Colony

Bissar Akbarpur

Palam Vihar Extension

Sector-84

Sector M-4

Budhera

Sector-26 A

Sector-9

Sector M-5

Sector-72

Sector-61

Sector-9 A

Sector-30

Sector-7

Ashok Vihar Phase II

Sector-9 B

Ashok Vihar

Sector-70

Sector-94

Sector-89

Sector-33

Sector-71

Sector-66

Sector-88

Sector-34

LOCALITY

Palam Vihar

Sector-85

Sector-3

Sector-63

Sector-21

Sector-86

Sector-29

Sector-56

Ashok Vihar Phase III

Sector-87

Sector-24

Sector-57

Sector-110

Sector-74 A

Sector-25

Sector-58

Sector-110 A

Sector-31

Sector-27

Sector-51

Sector-106

Sector 63A

Sector-28

Sector-55

Sector-3 A

Sector 67A

Sector-35

Sector-53

Sector-107

Sector M-1

Sector-36

Sector-54

Sector-10 A

Sector M-1 A

Sector-42

Sector-59

Sector-37 A

Rajendra Park

Sector-43

Sector-50

Sector-37 C

Pawala Khasrupur

Sector-45

Sector-65

Sector-37 B

NH 8

Sector-46

Sector-67

Sector-93

Nirvana Country

Sector-41

Sector-64

Sector-108

Palam Farms

Sector-4

Sector-52

Sector-102

Patel Nagar

Sector-37

Sector-5

Sector-111

Sector M-1 B

Sector-37 D

Sector-62

Sector-92

Sector M-1 C

Sector-39

Sector-69

Sector-101

Sector M-14

Sector-23

Sector-81

Sector-47

Sector M-15

Sector-22

Sohna Sector-14

Sector-23 A

Sector M-16

Sector-10

Sohna Sector-17

Sector-68

LOCALITY

Sector-104

Sohna Sector-2

Sector-100

Sector M-3

Sector-109

Sohna Sector-25

Sector-96

Sector M-13

Sector-11

Sohna Sector-11

Sushant Lok Phase 3

Sector M-12

Sector-1

Sohna Sector 32

Gwal Pahari

Sector M-1 D

Sector M-9

Sector-99

Sector-105

Sector M-10

Sector M-6

Shivpuri

Sector-98

Sector M-11

Sector M-7

Sohna Road

Sector-73

New Palam Vihar Phase 3

Sector M-8

Sohna Sector-33

Sector-114

New Palam Vihar Phase 2

Sector-12

Sohna Sector-34

Sector-74

Farukh Nagar

Sector-12 A

Sohna Sector-7

Sector-103

Golf Course Extn

Sector-18

South City

Sector-103A

Golf Course Road

Sector-19

Sultanpur

Sector-90

Gurgaon-Faridabad Road

Sector-2

Sushant Lok Phase 2

Sector-70 A

Dwarka Expressway

Sector-20

Sohna Sector-6

Sector-115

DLF Phase 5

Udyog Vihar Phase I

Sohna Sector-5

Bhondsi

Ashok Vihar Phase 1

Udyog Vihar Phase II

Sohna Sector-35

Sector-113

Choma

Udyog Vihar Phase III

Sohna Sector-36

Sector-112

Sector-14

Udyog Vihar Phase IV

Sector-48

Sector-15

Sector-17

Udyog Vihar Phase V

Sector-16

Sector-13

 

 

 

 

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Real estate capital gains ITR in India, Stock market capital gains filing in India, Online tax consultant for ITR 2 in India
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