Accident case

Capital Gain Calculation Tips To maximize indexation benefits, obtain a valuation report from a registered valuer for April 1, 2001 (if applicable). This helps if records are sparse. Factor in transfer expenses like brokerage, stamp duty, and legal fees—they reduce your capital gain. 

 Strategic Considerations for Exemption Section 54: If you're planning on buying a residential home, make sure it’s in India, and the reinvestment is from the capital gain amount only, not the entire sale proceeds. Section 54F: Here, it’s the entire sale consideration that must be reinvested—very helpful if the gain is smaller but the proceeds are large. Section 54EC: These bonds are low-risk, but returns are modest, so they’re ideal if preservation is more important than growth. 

 Bonus Tip Before the sale, it’s wise to consult a tax professional or chartered accountant to optimize exemptions and avoid any pitfalls with documentation. Tax laws evolve, and staying updated means fewer surprises! If you’re actually selling a property and want help calculating or planning, I’m all ears—just say the word. Or we could explore how inheritance tax factors in, or how joint ownership affects capital gain. Shall we dig deeper?

1.  In G Nagarathna & Ors v G Manjunath &anr SLP civil dairy No 22411/2025 dt 02 July 2025 Supreme court has reaffirmed that legal heirs of negligent driver who himself caused the fatal accident can not claim compensation under section 166 of the Motor vehicle Act 1988.

2.   Other relevant judgement Oriental Insurance Co Ltd v Jhuma Saha & Ors, New India assurance Co Ltd v Smt Meera Bai & Ors. Supreme court denied the claim.