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Ancestral Property Sale: Calculating LTCG and 54EC Bond Investment

T S Khurana

T S Khurana   |567 Answers  |Ask -

Tax Expert - Answered on Feb 18, 2025

A certified management accountant since 1993, T S Khurana is a fellow member of The Institute of Cost Accountants of India. His areas of expertise are income tax, specifically litigation cases, and GST.

Since the last 21 years, he has also been providing expert advice on financial matters, including investments and diversification of funds, and wealth building in the long term to his clients.
He believes that investment in real estate is the safest way for better returns and wealth generation over a period of time.

A former chairman of the Chandigarh Chapter of Institute of Cost Accountants of India, T S Khurana has also served as member of its technical committee.... more
Asked by Anonymous - Feb 18, 2025Hindi
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Dear sir, I got ancestral property registered in 2000 with a document value of rupees 5000.00. In 2025 , this land property is sold with document value for rupees 12,15,000.00. What will be Long time capital gain and LTCG tax. What amount I should invest in 54CE bonds for exemption of LTCG tax. Thanks

Ans: 01. In your case, LTCG shall be Rs.12,10,000.00 (without Indexation) & Rs.11,96,850.00 (with Indexation).
02. You may go for Capital Gain bonds for Rs.12,00,000.00 to save your LTCG tax.
03. Please note that if your income from other sources is less than Rs.3,00,000.00, then your LTCG can be adjusted to some extent (to the extent of shortfall of your income from Rs.3,00,000.00).
Most welcome for any further clarifications. Thanks.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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My son speaks very slowly and less , don't mix with people he is 18 years old earlier he was not like that but from last 3-4 years he started speaking very less especially at home but talk with 2-3 close friends and younger brother.what should we do to help him to open up him so that he manage his college life (persuing b.tech.just get admission)
Ans: Hi!!
This is actually quite common in adolescence, and there isn’t just one reason.

A teen who used to talk a lot may become quieter over time because of changes in their emotional, social, and cognitive development:

* They become more self-aware. As teens grow, they often start thinking more about how others perceive them. This can make them more cautious about what they say.
* They’re processing more internally. Younger children often think out loud. Older teens may spend more time reflecting internally instead of verbalizing everything.
* Social experiences affect confidence. Criticism, embarrassment, bullying, rejection, or feeling misunderstood can lead someone to speak less.
* Friendships and family dynamics change. Teens may withdraw from parents while becoming more selective about who they talk to.
* Stress and responsibilities increase. School pressure, exams, future planning, and personal challenges can leave less mental energy for casual conversation.
* Their personality may be settling. Sometimes a talkative child wasn’t necessarily an extrovert; they were simply comfortable. As they mature, their natural communication style may become quieter.

Just check that the reason for this behaviour is not because of-
Anxiety, depression, low self-esteem, or chronic stress!

It’s also important to distinguish between:

* A normal developmental shift: talking less, but still engaging with people and enjoying activities.
* A concerning change: becoming withdrawn, isolating themselves, losing interest in things they used to enjoy, or showing signs of distress.

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Radheshyam

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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