CA Sakchi Jain Instagram – Don’t sell a property without watching this!
If you have purchased properties bought before 23rd July 2024, now have a choice:
1. Option 1:Pay a lower tax rate of 12.5% without indexation.
2. Option 2:Stick with the 20% tax rate and enjoy the benefits of indexation.
Whichever is less
However, do note that this benefit is only available to resident individuals and HUFs—companies and LLPs are not eligible for this relaxation.
[LTCG amendment, property tax, real estate tax, indexation benefits, tax planning, property sale, resident individuals,capital gains tax, selling property, CA Sakchi Jain]
#realestatetax #ltcg #propertysale #taxamendment #indexation #financialplanning #capitalgains #realestateadvice #residentindividuals #huf #casakchijain | Posted on 08/Aug/2024 20:03:03
