Selling a house and some mutual funds but planning to invest both proceeds in one new home to claim tax benefits? Today's Ask Wallet Wise decodes how you can legally claim capital gains exemptions ...

Selling a house, plot, or even agricultural land doesn’t always mean paying hefty capital gains tax. In fact, under the Income Tax Act, 1961, there are nine different sections that allow taxpayers to ...

A recent ruling by the Bombay High Court and the Income Tax Appellate Tribunal (ITAT) has reaffirmed how a technical detail in tax law can save homeowners crores. At the center of the case was Section ...

The current income tax laws allow you to claim exemption from long term capital gains (LTCG) income from selling a residential house property and any non-agricultural land. There are specific terms ...