Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

I sold my property within 1 year. What investment options can I use to save on STCG tax?

Milind Vadjikar |1238 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Sep 29, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Asked by Anonymous - Sep 12, 2024Hindi

Listen

Money

What are the STCG tax saving instruments available for Sale of property within 1 Yr

Ans: None.

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.

MoneyReply

You may like to see similar questions and answers below

Mihir Tanna |1057 Answers |Ask -Follow

Tax Expert - Answered on Feb 16, 2023

Question by Ashwini - Feb 15, 2023Hindi

Listen

Money

I learnt from a query answered in this column that LTCG from sale of mutual funds can be used for purchase of property within a given time period (under section 54) and thus tax on LTCG @10 % can be saved. My query is that , is there a capping on the tax that can be saved in this manner?

Ans: Tax on gain on sale of mutual fund can be saved by Sec 54F - invest consideration in house property (if you don't have more than 1 house property). There was no limit till FY 22 23 - which is now proposed to 10 crore from FY 23 24

T S Khurana |479 Answers |Ask -Follow

Tax Expert - Answered on Sep 28, 2024

Asked by Anonymous - Sep 10, 2024Hindi

Listen

Money

What are the STCG tax saving instruments available for Sale of property within 1 Yr.

Ans: 01. Unlike LTCGs, there is no specific Tax Saving Instruments, in case of STCGs.
02. STCG will be treated like any other Income in ITR and taxed accordingly.
03. Keeping in view you taxable income, you may plan for tax saving investments/expenses. This may help you to reduce your tax liability.
Most welcome for any further clarification. Thanks.

T S Khurana |479 Answers |Ask -Follow

Tax Expert - Answered on Sep 28, 2024

Question by Prash - Sep 15, 2024Hindi

Listen

Money

What are the STCG tax saving instruments available for Sale of property within 1 Yr....

Ans: 01. Unlike LTCGs, there is no specific Tax Saving Instruments, in case of STCGs.
02. STCG will be treated like any other Income in ITR and taxed accordingly.
03. Keeping in view you taxable income, you may plan for tax saving investments/expenses. This may help you to reduce your tax liability.
Most welcome for any further clarification. Thanks.

Milind Vadjikar |1238 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Oct 07, 2024

Asked by Anonymous - Sep 24, 2024Hindi

Listen

Money

What are the STCG tax saving instruments available for Sale of property within 1 Yearr

Milind Vadjikar |1238 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Sep 28, 2024

Asked by Anonymous - Sep 28, 2024Hindi

Listen

Money

What are the STCG tax saving instruments available for Sale of property within one Year.

Ans: My view is that their is NO way you can avoid short term capital gain tax accruing due to sale of property within one year.

However you may consult a CA to get a specific feedback on aspects of tax saving in your case.

Latest Questions

Dr Dipankar Dutta |1547 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Jun 06, 2025

Asked by Anonymous - Jun 02, 2025

Career

Which branch of engineering will be good if one wants to go for defence after btech?

Ans: Core combat tech/field units Mechanical, ECE, Civil
Cyber/IT/technical intelligence CSE/IT
Electrical systems/navy/aircraft Electrical Engg.

Dr Dipankar Dutta |1547 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Jun 06, 2025

Question by Rishabh - Jun 02, 2025

Career

Hello sir, I got 79 marks in comedk. Can I get cse or ece??, if yes then pls recommend some good colleges.

Ans: Nitte Meenakshi Institute of Technology (NMIT), Bangalore CSE (Low chance), ECE, ISE NBA-accredited, good infrastructure
Acharya Institute of Technology, Bangalore CSE, ECE Decent placements
JSS Academy of Technical Education, Bangalore ISE, ECE Moderate placements
CMR Institute of Technology, Bangalore ECE, ISE Decent for CS-related branches
Dayananda Sagar Academy of Technology and Management (DSATM) ISE, ECE Good emerging college
New Horizon College of Engineering, Bangalore ECE, ISE Good location & industry connect
East West Institute of Technology, Bangalore CSE, ECE Acceptable infrastructure and placements
Amrita School of Engineering (Bangalore campus) ECE AICTE-approved, decent academic reputation

Dr Nagarajan J S K |695 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 05, 2025

Question by Himanshu - Jun 05, 2025

Career

After mbbs from India. Can I do pg from out of India or in india? Which is better?

Ans: HI Himanshu,
After completing MBBS in India, it is better to continue your higher education in India due to the large population. We also need to update ourselves and have a strong foundation and expertise.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

Dr Nagarajan J S K |695 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 05, 2025

Question by BATHENA - Jun 02, 2025

Career

Sir, when manipal university graduation entrsnce exam rank card released?

Ans: HI Bathena,
Yes. MET 2025 phase 2 results has been released.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

Dr Nagarajan J S K |695 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 05, 2025

Asked by Anonymous - Jun 02, 2025

Career

Hi sir I am getting 301 marks in neet 25 can I get any govt veterinary College for BVSC If yes then which colleges should I apply for counseling I am Uttarpradesh domicile SC category

Ans: Results and rankings of NEET by NTA are yet to be released. You need to wait for better clarity. Feasibility is there for BVSc. But It depends on the college, location, and seat availability.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

Dr Nagarajan J S K |695 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 05, 2025

Question by Himanshu - Jun 05, 2025

Career

My neet score is 382 in neet 2025. I belong to sc category.Can I get a medical college?

Ans: HI HIMANSHU,
Results and rankings of NEET by NTA are yet to be released. You need to wait for better clarity. Likely to get admission for MBBS into GMC thru the stae quota.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

Dr Nagarajan J S K |695 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 05, 2025

Asked by Anonymous - Jun 05, 2025

Career

Sir I am getting around 445 in neet 2025. I belong to OBC-NCL and a domicile of Tamilnadu (belong to MBC) are there any chances of getting MBBS in All India Quota in other states and also kindly tell about getting into BDS and BVSC (Government seat only). Please sir.

Ans: HI,
Results and rankings of NEET by NTA are yet to be released. You need to wait for better clarity. It is a bit difficult to get admission for BDS, MBBS into GMC. Feasibility is there for BVSc. It depends on the college and location.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

Dr Nagarajan J S K |695 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 05, 2025

Asked by Anonymous - Jun 05, 2025

Career

350 marks in neet 2025 Sc category jharkhand. Is there any chance of govt mbbs or bds seat?

Ans: Results and rankings of NEET by NTA are yet to be released. You need to wait for better clarity. Moderate chances are for BDS and it is a bit difficult chances to get MBBS admission into GMC.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

Dr Nagarajan J S K |695 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 05, 2025

Asked by Anonymous - Jun 05, 2025

Career

Hlo sir my number in neet 2025 is 360 from general category is there any chances of gov bds bvsc bhms ?

Ans: Results and rankings of NEET by NTA are yet to be released. You need to wait for better clarity. Reasonable chances are there to get admission for BDS OR BHMS into GMC but it depends on college and state quota seats. It is difficult to get BVSc.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

Dr Nagarajan J S K |695 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 05, 2025

Question by sreelakshmi - Jun 05, 2025

Career

My daughter scored 410in Neet , have OBC -2A cat , will she able to get Government seat.

Ans: HI Madam, Results and rankings of NEET by NTA are yet to be released. You need to wait for better clarity. It is a bit difficult to get admission into GMC but chances are with private institutions.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

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

Sign up

email

uname

mobile no

Country Code

Mobile number

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

Already have an account?

LOGIN

x