Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Vipul

Vipul Bhavsar  |145 Answers  |Ask -

Tax Expert - Answered on Sep 02, 2025

Vipul Bhavsar is a chartered accountant from The Institute of Chartered Accountants of India. He has over 16 years of experience in corporate advisory, taxation and financial reporting.
His interest areas are consulting, income tax, GST and due diligence.
He founded his CA firm, V J Bhavsar and Associates, in 2010 through which he offers services like virtual CFO, trademark registrations, company /LLP formation, MIS reporting, audit, tax and TDS compliances, accounts receivable/payable management and payroll processing.... more
Ravi Question by Ravi on Aug 31, 2025Hindi
Money

Hello, I had purchased a 1200 SFT piece of land during September 1990 and it has been sold on 11 March 2025. What is the quantum of LTCG I need to pay and with indexation and without indexation the percentage may please be advised. Ravi Shankar

Ans: Post 23 July 2024, there is no indexation available. So Capital Gain is simply Net sales price minus FMV as on 1 Apr 2001.
However, you will be able to get tax benefit of tax with indexation or tax without indexation whichever is lower can be opted
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.
Money

You may like to see similar questions and answers below

Latest Questions
Archana

Archana Deshpande  |120 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on May 19, 2026

Career
sir am 26 yrs old . and I was doing company secretary couse but unfortunately couldn't clear in 2024 i join my father's personl office he was a accountant and later started his own firm and he was a advocate.. but sometimes I feel that ca degree is important for our office work when it comes to audit . so for providing ace to office I want to pursue ca but it's too hard as am not able to clear cs like ( 199 ) marks left with only 1 marks to pass . so I have a doubt that am not able to pas cs so how can I pass ca . i don't talk with my parents about my this thinking .. it's like am able to clear cs ? with ofc ? or not ? or it's just a bad decision for me ! please sir replyyyt !
Ans: Dear Priyanka,

Thank you for being so honest about everything!

Do you like CA and CS first of all? This is the first question you have to ask yourself!

The next question I want to you ask yourself is, ‘am I scoring less marks because I have not studied / lack of interest or lack of understanding of concepts?’ Seek help if you really want to clear these exams!

Next question is ask yourself , “what comes naturally to me and I love doing it?”. It can be anything…. cooking, baking, teaching, accounting, handling customers in your dad’s office, taking care of office administration, etc, list out everything and then home down to one thing and start working on it with honesty of purpose, let that become your way to earning money!

And please sit and have a heart to heart chat with your parents!
If verbal communication is a problem, write a letter to them… I am giving you options, choose what is comfortable to you , but talk to your parents!

All the very best…

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x