Capital Gain

🟦 Are Mutual Fund Gains Tax-Free for NRIs in India? ITAT Says Yes (In Some Cases)
By: CA Bhavesh Panpaliya

Income Tax, NRI /

Reading Time: 3 minutes💬 Q1. What’s the buzz around this new ITAT ruling for NRIs?A: The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) delivered a game-changing verdict:🔑 Capital gains earned by NRIs from redeeming mutual fund units in India are not taxable in India—if a favorable tax treaty applies.Sounds like good news, right? Especially if you’re […]

🟦 Are Mutual Fund Gains Tax-Free for NRIs in India? ITAT Says Yes (In Some Cases)
By: CA Bhavesh Panpaliya Read More »

💹 US Stock Investments: Taxation Rules for Indian Residents Explained

Income Tax /

Reading Time: 3 minutesInvesting in US markets has become popular among Indian residents thanks to platforms offering direct equity, ETFs, and mutual funds abroad. But how are these investments taxed in India? Let’s break it down in a simple Q&A style with practical insights. 1. How are investments made in the US market treated for taxation in India?👉

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Are Gifts from Step-Siblings Taxable? ITAT Mumbai Ruling Explained | Income Tax Guide 2025

Capital Gain, Income Tax /

Reading Time: 3 minutesMumbai ITAT rules gifts from step-siblings are not taxable under Section 56(2)(vii)(b). Learn the case facts, tax impact, FAQs, and practical insights for Indian taxpayers. 🧾 Q1: What’s the core dispute in this case?A: The heart of the matter was whether a gift of property worth ₹7.88 crore from a step-sister to her step-brother should

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How to Save Capital Gains Tax on Property Sale in India (With Real Case Study)

Capital Gain, Income Tax /

Reading Time: 4 minutesIf you are planning to sell your property in India, the Capital Gains Tax can eat into a big part of your profits. However, the Income Tax Act, 1961 provides several exemptions that can help you reduce or even eliminate tax liability—if used smartly. In this article, we will explain how one couple legally saved

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🏡 Can Owning Multiple Floors Cost You a Capital Gains Exemption?

Capital Gain, Sec 54F /

Reading Time: 3 minutesSection 54F Simplified with Real-Life Tax Insights.A crisp and clear explainer on how Section 54F works—especially when it comes to multi-floor homes. Q1. What is the main purpose of Section 54F of the Income Tax Act?Section 54F is designed to reward taxpayers who reinvest their long-term capital gains into residential property. If you sell a

🏡 Can Owning Multiple Floors Cost You a Capital Gains Exemption? Read More »

Market Profits below exemption but High Tax? Know Why Investors Get Shocking Tax Bills in India

Capital Gain, Share Market /

Reading Time: 3 minutesMaking stock market profits but shocked by your income tax bill? Learn how intraday, F&O, STCG, and LTCG are taxed in India. Avoid costly mistakes with this clear guide. 📉 Why You’re Paying High Tax Despite “Moderate” Market ProfitsYou made ₹7 lakhs in total profits from the stock market—yet got a tax bill of ₹74,000+?

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