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 |
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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 |
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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 |
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Pratap Vihar |
Farukh Nagar |
Vasundhara Sector-13 |
NH-58 |
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Shalimar Garden |
Pilkhuwa |
Panchsheel Enclave |
NH-34 |
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Vasundhara Sector-16 |
Modinagar |
Vasundhara Sector-2B |
Lajpat Nagar |
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Kamla Nehru Nagar |
Vaishali Sector-9 |
Avantika |
Koyal Enclave |
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Chander Nagar |
Vikram Enclave |
Vasundhara Sector-6 |
Kinauni Village |
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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 |
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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
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Noida Sector 1 |
Noida Sector 2 |
Noida Sector 3 |
Noida Sector 4 |
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Noida Sector 5 |
Noida Sector 6 |
Noida Sector 7 |
Noida Sector 8 |
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Noida Sector 9 |
Noida Sector 10 |
Noida Sector 11 |
Noida Sector 12 |
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Noida Sector 13 |
Noida Sector 14 |
Noida Sector 15 |
Noida Sector 16 |
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Noida Sector 17 |
Noida Sector 18 |
Noida Sector 19 |
Noida Sector 20 |
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Noida Sector 21 |
Noida Sector 22 |
Noida Sector 23 |
Noida Sector 24 |
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Noida Sector 25 |
Noida Sector 26 |
Noida Sector 27 |
Noida Sector 28 |
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Noida Sector 29 |
Noida Sector 30 |
Noida Sector 31 |
Noida Sector 32 |
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Noida Sector 33 |
Noida Sector 34 |
Noida Sector 35 |
Noida Sector 36 |
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Noida Sector 37 |
Noida Sector 38 |
Noida Sector 39 |
Noida Sector 40 |
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Noida Sector 41 |
Noida Sector 42 |
Noida Sector 43 |
Noida Sector 44 |
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Noida Sector 45 |
Noida Sector 46 |
Noida Sector 47 |
Noida Sector 48 |
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Noida Sector 49 |
Noida Sector 50 |
Noida Sector 51 |
Noida Sector 52 |
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Noida Sector 53 |
Noida Sector 54 |
Noida Sector 55 |
Noida Sector 56 |
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Noida Sector 57 |
Noida Sector 58 |
Noida Sector 59 |
Noida Sector 60 |
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Noida Sector 61 |
Noida Sector 62 |
Noida Sector 63 |
Noida Sector 64 |
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Noida Sector 65 |
Noida Sector 66 |
Noida Sector 67 |
Noida Sector 68 |
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Noida Sector 69 |
Noida Sector 70 |
Noida Sector 71 |
Noida Sector 72 |
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Noida Sector 73 |
Noida Sector 74 |
Noida Sector 75 |
Noida Sector 76 |
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Noida Sector 77 |
Noida Sector 78 |
Noida Sector 79 |
Noida Sector 80 |
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Noida Sector 81 |
Noida Sector 82 |
Noida Sector 83 |
Noida Sector 84 |
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Noida Sector 85 |
Noida Sector 86 |
Noida Sector 87 |
Noida Sector 88 |
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Noida Sector 89 |
Noida Sector 90 |
Noida Sector 91 |
Noida Sector 92 |
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Noida Sector 93 |
Noida Sector 94 |
Noida Sector 95 |
Noida Sector 96 |
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Noida Sector 97 |
Noida Sector 98 |
Noida Sector 99 |
Noida Sector 100 |
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Noida Sector 101 |
Noida Sector 102 |
Noida Sector 103 |
Noida Sector 104 |
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Noida Sector 105 |
Noida Sector 106 |
Noida Sector 107 |
Noida Sector 108 |
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Noida Sector 109 |
Noida Sector 110 |
Noida Sector 111 |
Noida Sector 112 |
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Noida Sector 113 |
Noida Sector 114 |
Noida Sector 115 |
Noida Sector 116 |
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Noida Sector 117 |
Noida Sector 118 |
Noida Sector 119 |
Noida Sector 120 |
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Noida Sector 121 |
Noida Sector 122 |
Noida Sector 123 |
Noida Sector 124 |
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Noida Sector 125 |
Noida Sector 126 |
Noida Sector 127 |
Noida Sector 128 |
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Noida Sector 129 |
Noida Sector 130 |
Noida Sector 131 |
Noida Sector 132 |
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Noida Sector 133 |
Noida Sector 134 |
Noida Sector 135 |
Noida Sector 136 |
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Noida Sector 137 |
Noida Sector 138 |
Noida Sector 139 |
Noida Sector 140 |
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Noida Sector 141 |
Noida Sector 142 |
Noida Sector 143 |
Noida Sector 144 |
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Noida Sector 145 |
Noida Sector 146 |
Noida Sector 147 |
Noida Sector 148 |
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Noida Sector 149 |
Noida Sector 150 |
Noida Sector 151 |
Noida Sector 152 |
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Noida Sector 153 |
Noida Sector 154 |
Noida Sector 155 |
Noida Sector 156 |
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Noida Sector 157 |
Noida Sector 158 |
Noida Sector 159 |
Noida Sector 160 |
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Noida Sector 161 |
Noida Sector 162 |
Noida Sector 163 |
Agahapur |
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Allahbas |
Asagarpur |
Atta Village |
Badauli Bangar |
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Bajidpur |
Bakhtawarpur |
Baraula |
Basi |
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Bhangel Begampur |
Bishanpura |
Chaprauli Bangar |
Chhalera Bangar |
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Chora Sadatpur |
Dalelpur |
Dalupura |
Deri |
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Dostpur Mangroli Bangar |
Garhi |
Garhi Chaukhnadi |
Garhi Samstpur |
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Gejah Talattulabad |
Gijhaur |
Gulavali |
Harola |
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Harpal ki Nangli |
Hazipur |
Hazratpur Wajidpur |
Hoshiarpur |
|
Jhataa |
Jhundpura |
Kakrala |
Kambakashpur |
|
Kondlu |
Mamura |
Mohiyapur |
Morna |
|
Nagla Charandas |
Nagli Sakpur |
Nalgadha |
Naya Bans |
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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 |
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Ujwa |
Moradabad Pahari |
Delhi Cantt. |
Ghitorni |
|
Pitampura |
South Delhi: |
Greater Kailash |
Lajpat Nagar |
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Hareoli |
Hiranki |
Holambi Kalan |
Holambi Khurd |
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Palla |
Pansali |
Pehlad Pur Bangar |
Pooth Khurd |
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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 |
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Jhangola |
Kankar Khera |
Katewara |
Kham Pur |
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Sahibabad Daulat Pur |
Shah Pur Garhi |
Singhola |
Singhu |
|
Kirari Suleman Nagar |
Lad Pur |
Madan Pur Dabas |
Mohammad Pur Majri |
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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 |
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Kanjhawala |
Karala |
Surera |
Taj Pur Khurd |
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Bhati |
Chandan Hola |
Malik Pur zer-Najafgarh |
Mitraon |
|
Mithe Pur |
Molar Band |
Daulat Pur |
Deorala |
|
Jhatikra |
Jhuljhuli |
Raota |
Rewla Kham Pur |
|
Sarita Vihar |
|
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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 |
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Sector-95A |
Sector-44 |
Sector-79 |
New Palam Vihar Phase 1 |
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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 |
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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 |
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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 |
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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 |
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Sector-54 |
Sector-10 A |
Sector M-1 A |
Sector-42 |
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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 |
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Sector-5 |
Sector-111 |
Sector M-1 B |
Sector-37 D |
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Sector-62 |
Sector-92 |
Sector M-1 C |
Sector-39 |
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Sector-69 |
Sector-101 |
Sector M-14 |
Sector-23 |
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Sector-81 |
Sector-47 |
Sector M-15 |
Sector-22 |
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Sohna Sector-14 |
Sector-23 A |
Sector M-16 |
Sector-10 |
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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 |
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Sohna Sector-11 |
Sushant Lok Phase 3 |
Sector M-12 |
Sector-1 |
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Sohna Sector 32 |
Gwal Pahari |
Sector M-1 D |
Sector M-9 |
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Sector-99 |
Sector-105 |
Sector M-10 |
Sector M-6 |
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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 |
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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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