Capital gain in property refers to the profit earned on the sale of a property on a higher price than what you initially paid for it at the time of purchase. It's essentially the difference between the sale price and the purchase price of the property. If you have sold any property, you need to file your ITR for capital gain or loss in property. Do you need any consultant or expert for filing your ITR for capital gain in Property, contact us and our team will help you to make You understand about your ITR filing. We have a team of experts who provide the consultancy related to all ITR related concerns like capital gain or loss in the property, ITR filing for shares and stocks. If you have made any gain or loss in your shares or stocks you need to file your ITR accordingly.
There are two types of capital gain or loss number one is long term capital gain and short-term capital gain, long term capital loss and short-term capital loss.
Short-term Capital Gain or Loss: Show term means when you have on the property for less than one year in that case if you have held the property for less than 1 year and you have either made gain or loss that will be called a short-term capital gain or loss. In short term capital gain the percentage of the gain would be as per tax rate applicable on your Slab Rate.
Long-term Capital Gain or Loss: When you hold the property for more than two years that is called long term capital gain. And if you have got any capital gain you will have to pay 20% capital gain to the government means you need to pay twenty percent tax of that capital gain to the government. If you want to file your ITR related to capital gain in the property any ITR filing for shares and ITR Filing for stocks or you are looking for ITR filing online consultant for your ITR, you can call us.
Shares Capital Gain: There are two type of capital gain in shares one is long term capital gain another is short term capital gains when you deal or you do any kind of trading in shares or mutual funds you need to pay either short term capital gain or long-term capital gain. It completely depends on how long you hold the shares so if you want to know what is the process to file your ITR in Mumbai we and our team are there to help you all the time to file your ITR. We have a team of experts who deals with all type of capital gain or loss ITR filing. There are a lot of ITR forms like ITR 2 ITR 1 ITR 3 ITR 4 ITR 5, sometimes taxpayers get confused to select the ITR but if you call us for any kind of help, we will help you to select your form.
ITR filing online process is a very simple process which can be used sitting anywhere in India or even out of India. If you are not able to complete your task of filing ITR, you can call us and our team will help you to file your ITR or will guide you how you can file your ITR.
Some important documents are required to file your Income tax return:
A) Property Documents:
B) Capital Gains Statements:
C) Tax-saving Expenses:
Please find the slab rate below
You can write us on info@sktaxlawfirm.com or call on +91-9719586772 and we provide our services in Mumbai including all below locations.
Aram Nagar |
Baiganwadi |
Vaishali Nagar |
Mandala |
Amboli |
Deonar |
Sainik Nagar |
Wadala |
Chakala |
Shivaji Nagar |
Patilwadi |
Sangam Nagar |
D.N. Nagar |
Gautam Nagar |
Dnyaneshwar Marg |
BPT Colony |
Four Bungalows |
Lallubhai Compound |
Shastri Nagar |
Sahakar Nagar |
JB Nagar |
Ghatkopar |
Azad Nagar |
Trombay |
Kajuwadi |
Amrut Nagar |
Khan Estate |
Trombay Koliwada |
Lokhandwala |
Asalfa |
Pratiksha Nagar |
Cheetah Camp |
Marol |
Garodia Nagar |
BR Nagar |
South Mumbai |
Mogra Village |
Jagdusha Nagar |
Momin Nagar |
Agripada |
Model Town |
Pant Nagar |
Prabhat Nagar |
Chinchpokli |
Poonam Nagar |
Kanjurmarg |
Kadam Nagar |
Chor Bazaar |
Saki Naka |
Kurla |
Ambivali |
Churchgate |
Seven Bungalows |
Nehru Nagar |
Mahatma Jyotiba Phule Nagar |
Cuffe Parade |
Versova |
Kasaiwada |
Patel Estate |
Dava Bazaar |
Bandra Kurla Complex |
Quresh Nagar |
Prathmesh Complex |
Grant Road |
Bandstand Promenade |
Tashilanagar |
Somani Gram |
Kemps Corner |
Gandhi Nagar |
Umerwadi |
Gautam Nagar |
Lower Parel |
M I G Colony |
Ali dada estate |
Adarsh Nagar |
Mahalaxmi |
Kherwadi |
Takiya wad |
Balasaheb Thackeray Flyover |
Mahim |
Bharat Nagar |
Machi market |
JVLR |
Masjid Bunder |
Land's End |
Kapadia nagar |
Gupha Tekdi |
Marine Drive, Mumbai |
Pali Hill |
Khadi |
Poonam Nagar |
Marine Lines |
Old Town |
Court |
Squatters Colony |
Mumbai Central |
Bandra Reclamation |
Taximen colony |
Samarth Nagar |
Nagpada |
Chapel Avenue |
Halav pool |
Shyam Nagar |
Nariman Point |
KC Marg |
Makad wali chawal |
Seetawadi |
Prabhadevi |
Carter Road |
MIG |
Janata Colony |
Worli |
Kala Nagar |
LIG |
Kranti Nagar |
Antop Hill |
Naupada |
Bachan tabela |
Rup Nagar |
C.G.S. colony |
Nirmal Nagar |
Pipe road |
Majas Wadi |
Bhuleshwar |
WEH Western Express Highway |
Buddha Colony |
Morga Pada |
Zaveri Baazar |
Valmiki Nagar |
Ambedkar Nagar |
Natwar Nagar |
Bhendi Bazaar |
Sadguru Colony |
Sambhaji chowk |
Samarth Nagar |
Byculla |
Bharam Nagar |
Machis factory |
Namesingh Chawl |
Dagdi Chawl |
Subhash Nagar |
Bharti Nagar |
Oberoi Splendor |
Ghodapdeo |
Sanjay Nagar |
New mill road |
Anand Nagar |
Colaba |
Sant Dnyaneshwar Nagar |
Mubarak complex |
Shankar Wadi |
Navy Nagar |
Bairam Naupada |
Vinobha bhave |
Pratap Nagar |
Cumbala Hill |
Patkar Blocks |
Kohinoor City |
Sunder Nagar |
Breach Candy |
Vaidya Nagar |
Christian Gaon |
Jijamata Colony |
Dadar |
Santosh Nagar |
Jagruti Nagar |
Juhu |
Hindu colony |
Saint Martin Road |
9 number |
Kandivali west |
Shivaji Park Residential Zone |
Saint Andrew Road |
Rajiv Gandhi Nagar |
Dahanukar Wadi |
Parsi Colony |
Bandra Fort |
Lal Taki |
Charkop |
Naigaon |
Saint Paul Road |
Charbi Gali |
Poisar |
Fort |
Guru Nanak Road |
Kamela |
Hindustan Naka |
Ballard Estate |
Mount Mary Road |
Taxi Stand |
Mahavir Nagar |
Dhobitalao |
Saint Josephs Road |
Diamond |
Kandivali east |
Kala Ghoda |
Rizvi Complex |
Galaxy |
Samta Nagar |
Girgaon |
Ranwar |
Bail Bazar |
Damu Nagar |
Charni Road |
D'Monte Park Road |
Kaju Pada |
Thakur complex |
Khotachiwadi |
Perry Cross Road |
Mulund |
Thakur village |
Kalbadevi |
Tata Blocks |
Bombay Colony |
Lokhandwala township |
Abdul Rehman Street |
Indiraji Nagar |
Paach Rasta |
Akurli road |
Agiary Lane |
Somnath lane |
Xavier Street |
Janupada |
Anant Wadi |
Bandra Terminus |
Nahur |
Hanuman Nagar |
Arthur Road Junction |
28th Road |
Mulund Runwals |
Kranti Nagar |
Badam Wadi |
1st Road |
Powai |
Laxmi Nagar |
Balaji Mandir |
9th Road |
Chandivali |
Dattani |
Bhuleshwar Road |
Saint Cyril Road |
Hiranandani Gardens |
Jivali Pada |
Cavel |
SG Joshi Marg |
Indian Institute of Technology Bombay campus |
Khar |
Cavel Cross Lane |
B Block BKC |
BSNL Colony |
Pali Naka |
Champa Wadi |
National Library Road |
Passpoli |
Khar Danda |
Chandanwadi Road |
Bandra Worli Sea Link |
Mhada Colony 19 |
21th Road |
Chira Bazaar |
Manuel Gonsalves Road |
Morarji Nagar |
18th Road |
Clive Road |
Pandurang Ashram Marg |
Vidyavihar |
16th Road |
Cotton Exchange |
Chimbai Road |
Rajawadi |
14th Road |
Dadasaheb Parulekar Marg |
Hill Road |
Pipeline Road |
Ambedkar Road |
Dadiseth Agiary Lane |
Pereira Road |
Kirol |
Malad |
Dhanji Street |
BJ Road |
Khalai |
Dindoshi |
Dhirubhai Parekh Marg |
DR. Ambedkar Road |
Vikhroli |
Sunder Nagar |
Dr. Atmaram Merchant Road |
St. Sebastian Road |
Gandhi Nagar |
Pathanwadi |
Dr. M.B. Velkar Street |
Mount Carmel Road |
Surya Nagar |
Rani Sati Marg |
Dr. Viegas Street |
Vastu |
Kannamwar Nagar |
Malvani |
Fanas Wadi |
Galaxy Apartment |
Tagore Nagar |
Ambujwadi |
Fofal Wadi |
Pali Mala Road |
Park Site |
Evershine Nagar |
Gaiwadi Lane |
Borivali (West) |
Godrej Station Colony |
Liliya Nagar |
Gaushala |
I.C. Colony |
Godrej Hillside Colony |
Jankalyan Nagar |
Gulal Wadi |
L.I.C. Colony aka Jeevan Bhima Nagar |
Godrej Creek |
Santacruz East |
Haines Road |
Eksar Colony |
Harbour suburbs |
Kalina |
Hollvard Road |
Shimpoli |
Chembur |
Vakola |
Jagannath Shankarseth (JSS) Road |
Gorai |
Chembur Causeway |
Prabhat colony |
Kalbadevi Road |
Kora Kendra |
Union Park (Chembur)|Union Park |
Anand Nagar |
Kavi Nirav Lane |
Vazira Naka |
Aloysius Soares Road |
Agripada |
Kazi Syed Street |
Babhai |
Central Avenue |
New Agripada |
Khodad Circle |
Chikuwadi |
St Anthony's Road |
Chaitanya Nagar |
Kika Street |
Yogi Nagar |
St Gregorious Path |
Davri Nagar |
Kolbhat Lane |
Borivali (East) |
Golf Club Road |
Shivaji Nagar |
Lohar Chawl |
Devipada |
St Sebastian's Marouli village |
Vakola Pipeline |
M.J. Market |
Magathane |
Pestom sagar |
Yashwant Nagar |
Malharrao Wadi |
Nancy Colony |
Basant Park |
Santacruz West |
Mangaladevi Marg |
Sukurwadi |
Diamond Garden |
Juhu Koliwada |
Mirza Street |
Dahisar |
Chedda Nagar |
Pothohar Nagar |
Nagdevi Cross Street |
NL Complex |
Indian Oil Nagar |
Gazdhar Bandh |
Narayan Dhuru Street |
Mandapeshwar Caves |
St Francis of Assisi Nagar |
Vile Parle |
Old Satta Gully |
Northern heights |
Swastik Park |
Irla |
Panjrapole Lane |
Shakti Nagar |
Maitri Park |
Nehru Nagar |
Pophalwadi |
Anand Nagar |
Atur Park |
Sahar |
Premkumar Sharma Road |
Ketkipada |
Sindhi Society |
Eastern suburbs |
Ram Wadi |
Anand Park |
Punjabwadi |
Bhandup |
Shaikh Memon Street |
Krishna Colony |
Chembur Camp |
Shivaji Talav |
Shrikant Palekar Marg |
Rawalpada |
Ghatla village |
Hanuman Nagar |
Sitaram Poddar Marg |
Ashok Van |
Borla village |
Pratap Nagar |
Swadeshi Market |
Balaji Colony |
Deonar Farm Road |
Maharashtra Nagar |
Tambakata |
Ekta Colony |
Subhash Nagar |
Jamil Nagar |
Tatya Gharpure Marg |
Maratha Nagar |
Sion Trombay Road | VN Purao Marg |
Kokan Nagar |
Thakurdwar Road |
Konkani pada |
Wadavali village |
jamin Nagar |
Vithal Wadi |
CS Complex |
Maravali |
Utkarsh Nagar |
Vithoba Lane |
Avdhut Nagar |
Julianwadi |
Samarth Nagar |
Kamathipura |
Narendra Complex |
P L Lokhande Marg |
Tulshet Pada |
Malabar Hill |
Shanti Nagar |
Thakkar Bappa Colony |
Sonapur |
Walkeshwar |
Yadav Nagar |
Suman Nagar |
Sahyadri Nagar |
Matunga |
Gavde Nagar |
Postal Colony |
Sarvoday Nagar |
Parel |
Ganpat Patil Marg |
Shell Colony |
Govandi |
Cotton Green |
Navagaon |
Sahakar Nagar |
Altamount Road |
Lalbaug |
Mhatre Wadi Tadwe Wadi |
Tilak Nagar |
Nana Chowk |
Sion |
Best Nagar |
New Tilak Nagar |
Umarkhadi |
Chunabhatti |
Jawahar Nagar |
Mahul |
Dongri |
Tardeo |
Aarey Milk Colony |
Vashinaka |
Other[edit] |
Carmichael Road |
Motilal Nagar |
Mahul Village |
Dharavi |
Gowalia Tank |
Bangur Nagar |
Panjarpol |
Koliwada |
Koombarwara |
Gokuldham |
Siddharth Colony |
Oshiwara |
Mysore Colony |
Jayprakash Nagar |
Ramakrishna Chemburkar Marg |
Amrut Nagar |
Collector Colony |
Pandhurang Wadi |
Bhakti Park |
Kevni Pada |
Anushakti Nagar |
NESCO Colony |
RCF |
Behram Baug |
Vishnu Nagar |
Vahatuk Nagar |
Deonar |
Malcolm Bau |
HP nagar |
Oshiwara |
Mankhurd |
Patliputra Nagar |
BPCL |