Mirror Now
@mirrornow·2.2M subscribers·145K videos
How much is the capital gains implication on selling 2 flats?- Property Hotline
Posted
November 3, 2016
Views
36
November 3, 2016
36
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
2:48Now PlayingExpert: Vinay Singh, Tax and Legal Expert.
Question: I have 2 adjacent flats and I wish to sell them. What will the capital gains implications on the same? I have been holding these flats for the last 32 years. What are the reinvestment options available to me?
Answer: Capital gains will accrue on the net sale proceeds minus the indexed cost of acquisition. You may invest the gains in another residential property or buy bonds u/s 54EC upto Rs 50 lakhs in a financial year.
Be Un Confused
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
