Скачать или смотреть Pay zero taxes on profits from shares and mutual funds

Pay zero taxes on profits from shares and mutual funds using Section 54F

A taxpayer can claim a capital gain exemption under Section 54F of the Income Tax Act to reduce Capital Gains Tax on the sale of a Long Term Capital Asset. Section 54F exemption is available on the sale of a long-term capital asset except for house property if the taxpayer invests the sale consideration in the purchase or construction of a residential house property.

So, if you sell a capital asset like shares, bonds, jewellery, gold, etc. and reinvest the sale proceeds towards the purchase or construction of a house property, the returns earned on the sale of the capital asset would be allowed as an exemption from tax under Section 54F.

The maximum exemption amount is up to capital gains. The amount of Exemption under Section 54F will be as below:
Exemption amount = Cost of new asset x Capital Gains / Net Consideration

Recommended watch:

👉 Stock Market for Beginners:    • Stock Market for Beginners  

👉 Top Stocks - Detailed Industry Analysis:    • Плейлист  

👉 Groww Originals:    • Плейлист  

👉 Groww Masterclass:    • Groww Masterclass  

👉 Mutual Funds for Beginners:    • Mutual Funds for Beginners  

👉 Personal Finance for Beginners:    • Personal Finance for Beginners  

👉 Groww reads - Book Review:    • Groww reads (Book Reviews)  

👉 Stocks Fundamental Analysis Series:    • Stocks Fundamental Analysis Series  

👉 IPO Review:    • IPO Review  

👉 Viral Reacts:    • Viral Reacts  

👉 Thrive by Groww:    • Thrive by Groww  

To watch the best videos on investing,
Subscribe to Groww Channel 👉 http://bit.ly/2rjkBHu and hit the 🔔 to watch our videos first.

We also have a Kannada, Tamil, Telugu, Malayalam, and a Mutual fund channel

🔔 Groww Kannada - https://bit.ly/3ekyeKP
🔔 Groww Tamil - https://bit.ly/3cbhN3Z
🔔 Groww Telugu - https://bit.ly/39aLpwC
🔔 Groww Malayalam https://bit.ly/3enG2LV
🔔 Groww Mutual Fund - https://bit.ly/3zQpR32
🔔 Groww Gujarati - https://bit.ly/3I3uf3n

If you have any concerns with respect to Groww, please feel free to write to us at [email protected] or you can call us at +91-9108800604.

Follow us on:
Facebook:   / growwapp  
Twitter:   / _groww  
Instagram:   / groww_official  
LinkedIn:   / groww.in  
Telegram: https://t.me/GrowwHQ

#Groww

Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.

Research Analyst disclaimer: https://groww.in/p/sebi-research-anal...
Name of the Research Analyst - Mr. Himanshu Sinha
Name of the narrator - CA Aleena Rais
Report Date: 14 June 2022