# realestate
12 posts in `realestate` tag
.jpg)
TDS Rules for Your Rent and Property: What You Need to Know
This blog post offers a clear comparison of four important TDS sections related to property and rental income in India: 194I, 194-IA, 194-IB, and 194-IC. It explains each section's nature of payment, payer, payee, threshold limits, TDS rates (including recent changes for 194-IB and 194I for FY 2025-26), time of deduction, required forms, and TAN requirements. The post also discusses the connections between these sections, compliance issues, and best practices for individuals, businesses, and developers to manage the TDS landscape effectively and avoid penalties.
.jpg)
How to Legally Buy Property from an NRI in India: A Taxpayer’s Guide
This comprehensive guide demystifies the process of buying property from a Non-Resident Indian (NRI) in India. It highlights critical tax implications for the buyer, particularly regarding Tax Deducted at Source (TDS), and outlines essential legal due diligence steps to ensure a clear title. The guide also covers FEMA regulations for payment, required documentation for buyers, and the importance of professional assistance, empowering prospective buyers to navigate this specific real estate transaction securely and compliantly.

Easy Guide: Selling Your House? How to Save Tax with Section 54!
This blog provides a simple guide to Income Tax Section 54, explaining how individuals and HUFs can save tax on long-term capital gains from selling a residential house by reinvesting in a new one. It covers the core conditions, timelines, and the use of the Capital Gains Account Scheme. The main focus is on the crucial update allowing exemption for investing in two houses (if capital gain is up to ₹2 Crore), emphasizing that this benefit can be used only once in a lifetime. The post highlights common pitfalls and advises on documentation and expert consultation.

Easy Guide: Selling Your House? How to Save Tax with Section 54!
This blog provides a simple guide to Income Tax Section 54, explaining how individuals and HUFs can save tax on long-term capital gains from selling a residential house by reinvesting in a new one. It covers the core conditions, timelines, and the use of the Capital Gains Account Scheme. The main focus is on the crucial update allowing exemption for investing in two houses (if capital gain is up to ₹2 Crore), emphasizing that this benefit can be used only once in a lifetime. The post highlights common pitfalls and advises on documentation and expert consultation.

Easy Guide: Selling Your House? How to Save Tax with Section 54!
This blog provides a simple guide to Income Tax Section 54, explaining how individuals and HUFs can save tax on long-term capital gains from selling a residential house by reinvesting in a new one. It covers the core conditions, timelines, and the use of the Capital Gains Account Scheme. The main focus is on the crucial update allowing exemption for investing in two houses (if capital gain is up to ₹2 Crore), emphasizing that this benefit can be used only once in a lifetime. The post highlights common pitfalls and advises on documentation and expert consultation.

Form 16B Overview: Important Deadlines and Fines for Property TDS Certificates
This blog explains Form 16B, the TDS certificate mandatory for property sales over ₹50 lakh in India under Section 194-IA. It details the buyer's responsibility, the process involving Form 26QB, critical deadlines for certificate issuance (15 days from Form 26QB due date), and the penalties (₹100/day under Sec 272A(2)(g)) for non-compliance, emphasizing its importance for both buyers and sellers.

Shares, MF & Property Capital Gains: Reporting Guide for ITR AY 2025-26 (New Rules)
This blog post details how to report capital gains from shares, mutual funds, and property in the Income Tax Return (ITR) for Assessment Year 2025-26 (Financial Year 2024-25). It explains the classification of gains (STCG/LTCG), calculation methods considering grandfathering, the significant impact of the Finance (No.2) Act 2024 changes effective July 23, 2024 (including curtailed indexation and revised tax rates), set-off rules, and specific ITR schedules (like CG and 112A). It also covers capital gains exemptions and emphasizes reconciliation with AIS/TIS.

Good News for Homeowners: ITAT Exempts Redeveloped Flats from Key Income Tax
This blog post details a significant ruling by the Income Tax Appellate Tribunal (ITAT) stating that new flats received by homeowners during redevelopment projects are not taxable as 'Income from Other Sources' under Section 56(2)(x) of the Income Tax Act. It explains the previous tax ambiguity, the details of the ITAT verdict, its positive implications for homeowners and urban renewal, and important considerations like potential capital gains tax.
.jpg)
How to Save on Capital Gains Tax When Selling or Transferring Property
When selling or transferring property, this blog offers a thorough guidance on how to reduce or eliminate capital gains tax. It discusses a number of legal tactics, including using the Capital Gains Account Scheme, investing in capital gains bonds, reinvesting in residential real estate, and balancing capital gains with losses. The advantages of giving family members property as gifts and deducting costs for renovation and transfer are also covered in the blog.
.jpg)
Real Estate and NRI Taxation: Budget 2025’s Impact on TDS and 182-Day Rule
Budget 2025 is expected to include major improvements, including streamlining TDS on property transactions and modifying the 182-day criterion for defining residence. This blog digs into the existing issues that NRIs experience, suggested remedies, and the projected advantages of these reforms, which seek to make tax compliance easier and more transparent.

Taxpayer Benefits from Leasehold Rights GST Exemption Ruling
The recent court ruling on the GST taxation of leasehold rights has given taxpayers much-needed clarification and respite. This important decision exempts leasehold rights from GST as it acknowledges them as immovable property transactions. It gives the potential for reimbursements for previous transactions, lessens the tax burden, and lowers compliance challenges. Examine how this choice promotes ease of doing business while affecting taxpayers and enterprises.

Leveraging Sections 54 and 54F for Tax Exemptions in Property Transactions
This blog explores Sections 54 and 54F of the Indian Income Tax Act and explains how they exempt individuals and HUFs from paying taxes on capital gains when they reinvest them in residential real estate. To ensure clarity for taxpayers, the essay also discusses frequent disagreements, court rulings, and helpful advice for claiming exemptions.