PVS (Prashant V Shah)

– Authorized Education Provider of FPSB Ltd. (CFP Coaching and Study Material)

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  • Contact for Coaching and Study Material

    Prashant V Shah
    Ahmedabad.

    Ph: 92274 08080

    Email: pvs.cfp@gmail.com

  • Content to Purchase

    Study Texts with Pre-recorded sessions:

    Investment Planning Specialist

    Retirement and Tax Planning Specialist

    Insurance and Estate Planning

    CWM Level -2

  • Upcoming Batch

    CFP:

    Online Batch: August 2021

    Thursday: 7 pm to 9 pm Saturday: 7 pm to 9 pm
    Sunday: 11 am to 1 pm
    Fees: Rs.60,000

    Weekday Batch: July 2021

    Monday to Thursday: 4 pm to 6 pm
    Fees: Rs.75,000

    Duration: 8 months to 12 months

    CWM:

    Online Batch:

    Saturday 5 pm to 7 pm

    Sunday 9 am to 11 am

    Fees: 50,000

    Weekday Batch:

    Monday to Thursday: 2 pm to 4 pm

    Fees: 50,000

     

     

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Archive for July, 2011

Buy Indian Stamps Online at Face Value: www.epostoffice.gov.in

Posted by Prashant Shah on July 14, 2011

Here are the stamps for which you may be thinking to pay premium but now you can buy all those online at face value.

Also request you to read ‘How to buy stamps online’ post.

List of Stamps:

 

Please note that this is a partial list. Full list will be made available soon.

Posted in Collectibles | Tagged: , , | 6 Comments »

Income From Capital Gains for CFP – 9

Posted by Prashant Shah on July 6, 2011

Deduction on Purchase of Certain Bonds Sec 54EC:

Deduction On Capital Asset Other Than Residential House Property Sec 54F (Important for Examination):

Illustration:

Sailesh sells shares in XYZ Ltd. for a net consideration of Rs. 20 lakh and earns a long-term capital gain of Rs. 15 lakh. Within 3 months, he purchases a new residential house for Rs. 10 lakh. He owns no other house other than the new house. The amount of exemption under sec. 54F that he would be entitled to would be _______.

a)Rs. 7.5 lakh
b)Rs. 10 lakh
c)Rs. 5 lakh
d)None of the above
 
Maya sells shares in PQR Ltd on 14th June, 2006 (off market), for a net consideration of Rs. 20,00,000 and earns a long-term capital gain of Rs. 15,00,000. Within 3 months, she purchases a new residential house for Rs. 10,00,000. She owns no other house other than the new house. Now if Maya were to sell the new house within one year of purchase for Rs. 15,00,000, the tax treatment in the year of sale would be ______.
 
a)Short-term capital gain of Rs. 5,00,000 and Long-term capital gain of Rs. 10,00,000
b)Short-term capital gain of Rs. 5,00,000 and Long-term capital gain of Rs.7,50,000
c)Short-term capital gain of Rs. 7,50,000 and Long-term capital gain of Rs. 5,00,000

Long-term capital gain of Rs. 12,50,000

Posted in Capital Gain, CFP, Tax Planning | 3 Comments »