# @financewizardcl on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/DN3BGdAUttj
- **Gondola URL:** https://gondola.cc/posts/59781236-financewizardcl-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/caad2d4a12.jpg
- **Posted:** 2025-08-27T13:17:46.000+00:00
- **Account Owner:** Chandralekha Mittemari Ravikumar (@financewizardcl) — https://gondola.cc/financewizardcl

## Caption

Couple Tax Planning by Mumbai Couples that saved them crores of tax on property. 

🟡 Section 54
Sell a residential house → Buy another residential house within 2 years (or construct within 3 years) → Capital gains exempt. 🏠✨

🟡 Section 54F
Sell any long-term asset (not a house) → Invest the entire sale proceeds in one residential house → Exemption on capital gains. 🚪➡️🏡

🟡 Section 54EC
Sell land/building → Invest gains in Govt-approved bonds (NHAI/REC) within 6 months → Tax-free up to ₹50 lakh. 📈🪙

🟡 Section 54B
Sell agricultural land → Buy new agricultural land within 2 years → Capital gains exempt. 🌾➡️🌱

🟨 Regarding Stamp duty
Yes there is stamp duty on sale for sure of 11.5L, but the savings from not paying capital gains tax was more than this. That’s how they saved money.

🟨 Transaction between relatives
The husband and wife won the case cause there is no rule in section 54 that prohibits sale between relatives. So this can be your wife, parents or even siblings. 

#tax #personalfinance #taxsavings #incometax #finance

## Stats

- **Views:** 157,423
- **Likes:** 3,996
- **Shares:** 0
- **Comments:** 45

## Tags

personalfinance, incometax, finance, tax, taxsavings

---
Copyright (c) Gondola