20 Most Valuable Coins in the World and Why Collectors Love Them

20 Most Valuable Coins in the World and Why Collectors Love Them 

20 Most Valuable Coins Every Collector Dreams of Owning

Collecting coins can be an exciting hobby — and every now and then, though very rare, you might stumble upon a unique coin worth thousand, even tens of thousands of dollars. The rarest coins can be valued in the millions, but finding one is more of a dream than a realistic expectation.

There are incredible stories, like the person who discovered a rare coin with a metal detector on a beach that later sold for $6 million at auction, or someone who found a valuable piece tucked away in an old attic box. But not everyone gets that kind of lucky break.

Still, don’t let that stop you from checking your jars of coins or spare change — you never know, a small fortune might be hiding right under your nose.

Some coins are so rare they can fetch millions at auction. Others became valuable because of accidental engraving mistakes that slipped through unnoticed — turning them into prized collectibles. And then there are coins from batches that were almost entirely destroyed, making the few surviving pieces highly sought after by collectors.

Let’s explore the fascinating stories behind the world’s most valuable coins and why collectors treasure them so highly.

1. 1795 Flowing Hair Silver Dollar – $2,500

Here’s the twist — the 1794 version of this coin is the real superstar, with only about 150–200 known to exist today, making it one of the most valuable coins in the world. The 1795 version, however, is more common but still highly collectible. In fact, one sold on eBay in September 2021 for nearly $2,500 — not bad for something over two centuries old.

2. 1879 $4 Gold Stella – $2,500

Back in the late 1800s, Europe had the Latin Monetary Union, an effort to create a single currency across multiple countries (similar to the Euro today). The United States designed the $4 Gold Stella in 1879 to match the weight and composition of the union’s coins, like the Austro-Hungarian 8 florin piece. However, the coin was never officially approved for production, which makes it rare and valuable today. In September 2021, a two-coin set sold for around $5,000 at the Smithsonian.

3. 1787 Fugio Cent – $10,000+

Also called the Franklin cent after Benjamin Franklin, this is believed to be the first coin ever circulated in the newly formed United States. Its design is packed with meaning — on one side, there’s a sun and sundial with the Latin word fugio (“time flies”), along with Franklin’s famous phrase “Mind Your Business.” The reverse shows the motto “We Are One” surrounded by a chain of 13 links, representing the original 13 states. Depending on condition, these coins can range from a few hundred dollars to over $10,000, with rare variants fetching even more.

4. Sacagawea Cheerios Dollar – $25,000

In the early 2000s, the last place you’d expect to find a valuable coin was inside a cereal box — but that’s exactly where some lucky people found one. As part of a U.S. Mint promotion, 10 million Cheerios boxes came with a 2000 Lincoln cent, and about 5,500 also included a Sacagawea “Golden Dollar.” A handful of these dollars — around 60 to 70 known today — feature enhanced tail feathers, making them worth between $5,000 and $25,000 depending on their grade and condition.

5. 1893 Morgan Silver Dollar – $550,000

The Morgan Silver Dollar was minted from 1878 to 1904, and again in 1921, and has long been a favorite among collectors. The 1893 version is by far the rarest, with only about 100,000 ever produced. Over the years, many were melted down or lost, making the surviving coins extremely valuable — the finest examples can sell for as much as $550,000.

6. 1943 S Lincoln Wheat Penny – $1,000,000

During World War II, copper was reserved for making ammunition, so pennies were produced using steel coated in zinc. However, a small batch of leftover bronze planchets (the blank discs used to make coins) accidentally made it into the minting process in 1943. Only about 20 to 40 of these bronze pennies are believed to exist today. In 2012, one of them — a 1943 S Lincoln Wheat Penny — sold for an astonishing $1 million.

7. 1943 Lincoln Head Copper Penny – $1,750,000

From the same accidental batch of copper pennies produced during World War II, the 1943 Lincoln Head Copper Penny is one of the most valuable coins ever minted in the U.S. In 2010, a D-mint graded PCGS MS64 Brown example sold for a jaw-dropping $1,750,000.

8. 1894 S Barber Dime – $1,997,500

With only 24 ever minted — and just 9 known to still exist — the 1894 S Barber Dime is one of the rarest coins in the world. No one knows for sure why so few were made, though plenty of rumors exist. In 2016, one of these elusive dimes sold for an incredible $1,997,500.

9. 1804 Bust Dollar – Dexter-Pogue Specimen – $3,865,750

Dubbed one of the rarest and most famous coins in the world, this 1804 Bust Dollar once belonged to renowned numismatist James V. Dexter in the late 1800s. It’s marked with a tiny “D” punched into a cloud on the reverse, indicating Dexter’s ownership. In 2017, as part of the D. Brent Pogue Collection, it sold for $3,865,750.

10. 1804 Bust Dollar – Mickley-Hawn-Queller Specimen – $3,877,500

Another legendary 1804 Bust Dollar, this one was owned by famous collector Joseph J. Mickley in 1858. It later sold at Heritage Auctions in Dallas in 2013 for $3,877,500, further cementing the coin’s status as the “King of U.S. Coins.”

11. 2007 Canadian Gold Maple Leaf – $4,020,000

Compared to centuries-old rarities, this coin is practically brand new. Created in 2007 as a promotional showpiece, the Canadian Gold Maple Leaf is made from 100 kilograms of pure gold. Only six were ever produced, each with a face value of $1 million. Certified by Guinness World Records as the world’s largest gold coin, one sold for $4,020,000.

12. 1804 Silver Dollar – Watters-Childs Specimen – $4,140,000

This 1804 Silver Dollar has a storied past, with owners including the Sultan of Muscat, C.A. Watters, Henry Chapman, and the Childs family, who kept it for more than 50 years. It sold in 1999 for $4,140,000, and in 2016, it received an astonishing bid of $10,575,000 — but the reserve price wasn’t met, so it remained unsold.

13. 1913 Liberty Head V Nickel – $4,560,000

Only five Liberty Head V Nickels were struck in 1913, making them incredibly rare. Two are held in museums, leaving just three in private hands. Strangely, the U.S. Mint has no official record of them being made, adding to the mystery. In 2018, one sold for a staggering $4,560,000.

14. 1787 Brasher Doubloon – EB on Wing – $4,582,500
Before the U.S. Mint was established, private individuals often created coins. Ephraim Brasher, a goldsmith and silversmith in New York City, produced the famed Brasher Doubloon in 1787. One version, with Brasher’s “EB” hallmark stamped on the wing of the eagle, sold in 2014 for $4,582,500, making it one of the most important coins in American history.

15. 723 Umayyad Gold Dinar – $4,800,000

Minted in the year 723, this gold dinar is one of the most historically important coins in the Islamic world — the first to reference a location in present-day Saudi Arabia. It bears the inscription “mine of the commander of the faithful” and was struck from pure gold. With only about a dozen known to exist, one sold at auction in 2019 for $4.8 million.

16. 1343 Edward III Florin – $6,800,000

Nicknamed the Double Leopard for its design featuring King Edward III on his throne flanked by two leopards’ heads, this medieval English coin is both extremely rare and extremely valuable. Only three are known to exist today — two in the British Museum and one found in 2006 by a man using a metal detector. That lucky find sold for $850,000 at the time, but its value has since soared to an estimated $6.8 million.

17. 1787 Brasher Doubloon – EB on Breast – $7,395,000

Another version of Ephraim Brasher’s iconic gold coin, this specimen has the “EB” stamp on the eagle’s chest instead of its wing. Originally worth just $15 in gold when minted in 1787, it sold privately in 2011 for an astonishing $7,395,000.

18. 1787 Brasher Doubloon – $9,360,000

Considered the finest known example of the Brasher Doubloon, this coin was first acquired by collector Matthew Stickney in 1848. In 2021, Heritage Auctions sold it for an incredible $9,360,000 — making it one of the most valuable coins in U.S. history.

19. 1794 Flowing Hair Silver Dollar – $10,016,875

The first silver dollar ever struck by the U.S. Mint, the 1794 Flowing Hair Silver Dollar is incredibly rare, with only a few surviving from the original batch. Featuring Lady Liberty with flowing hair, this particular coin was graded as one of the finest examples in existence. It sold in 2010 for $10,016,875 — setting a world record for any silver coin.

20. 1933 Saint-Gaudens Double Eagle – $18,872,250

The world’s most valuable coin, the 1933 Saint-Gaudens Double Eagle, is wrapped in mystery and legal drama. Originally part of the $20 gold coin series minted from 1907 to 1933, nearly all were recalled and melted during the Great Depression after President Roosevelt took the U.S. off the gold standard. A few escaped, but they were never officially issued, making them illegal to own — except for one coin once owned by King Farouk of Egypt. After a long legal battle, it became the only example legal for private ownership, selling in 2021 for a staggering $18,872,250.

Contents

1795 Flowing Hair Silver Dollar – Worth around $2,500 

1879 $4 Gold Stella – Worth around $2,500

1787 Fugio Cent – Worth $10,000+ 

Sacagawea Cheerios Dollar – Worth up to $25,000

1893 Morgan Silver Dollar – Worth up to $550,000

1943 S Lincoln Wheat Penny – Worth $1,000,000

1943 Lincoln Head Copper Penny – Worth $1,750,000

1894 S Barber Dime – Worth $1,997,500

1804 Bust Dollar – Dexter-Pogue Specimen – Worth $3,865,750 

1804 Bust Dollar – Mickley-Hawn-Queller Specimen – Worth $3,877,500 

2007 Canadian Gold Maple Leaf – Worth $4,020,000

 1804 Silver Dollar – Watters-Childs Specimen – Worth   $4,140,000 

1913 Liberty Head V Nickel – Worth $4,560,000

1787 Brasher Doubloon – EB on Wing – Worth $4,582,500

723 Umayyad Gold Dinar – Worth $4,800,000

1343 Edward III Florin – Worth $6,800,000

1787 Brasher Doubloon – EB on Breast – Worth $7,395,000

1787 Brasher Doubloon – Worth $9,360,000

1794 Flowing Hair Silver Dollar – Worth $10,016,875

1933 Saint-Gaudens Double Eagle – Worth $18,872,250

Conclusion

These coins are some of the most coveted treasures in the world of collecting — rare pieces of history that every serious numismatist dreams of owning. As auctions continue to break records and new discoveries surface, this list is bound to change in the coming years. We’ll be keeping an eye on the auction houses and will share the latest updates whenever these extraordinary coins make headlines again.

ITR-3

ITR-3 is now available for e-filing: What do businessmen and investors need to know?

The Income Tax Department announced on Wednesday that taxpayers can now submit Form ITR-3 through their official e-filing portal. This update is convenient for individuals with business income, those trading in stocks—futures and options, and investors in unlisted shares.

The income tax return form ITR-3 is designated for individuals and Hindu Undivided Families (HUFs) who are engaged in business or professional activities. It also applies to those who are acting as directors in companies or who have invested in unlisted shares at any time during the financial year. Additionally, individuals who earn income from various sources, such as salary, house properties, partner compensation, or pension, can use this form.

1.  

Those taxpayers who earn capital gains, income from foreign assets, or income from any business or professional activity that do not fall under simple forms like ITR-1 (Sahaj), ITR-2, or ITR-4 (Sugam) are also required to use ITR-3.

Mandatory declarations and the status of the new tax regime

The latest version of the form includes a section that requires confirmation of whether Form 10-IEA has been filed for the financial year 2024-25. Taxpayers must also declare their intention to either continue with the new tax arrangement for the current financial year or to exit.

Extension of eligibility for filing ITR-1 and ITR-4

From the financial year 2024-25 (assessment year 2025-2026), the Income Tax Department has expanded the eligibility criteria, allowing more taxpayers to file ITR-1 and ITR-4. This new rule now also permits those taxpayers whose listed shares and long-term capital gains from equity mutual funds fall under Section 112A to file a tax return using ITR-1 and ITR-4, provided that the capital gains do not exceed ₹1,25,000 and there are no carry forward or brought forward losses.

 

The registration number is no longer valid for filing income tax returns.   

The Budget 2024 has removed the acceptance of Aadhaar Enrollment ID for PAN applications and ITR filing. From AY 2025-26, PAN applications and ITRs will no longer be filed using the Aadhaar Enrollment ID instead of the actual Aadhaar number. It should be noted that the ITR forms for AY 2025-26 (FY 2024-25) do not include a column for Aadhaar Enrollment ID this year. If taxpayers do not have an Aadhaar number, they will not be able to file ITR this year.

Small traders escaping the new tax regime

AY 2025-26 (FY 2024-25) has introduced more detailed disclosure requirements for small business owners to file ITR-4; this form now requires confirmation of the pre-filing of Form 10-IEA and asks whether taxpayers wish to continue to opt-out of the new tax regime for the current year.

Mention the TDS section in the ITR form.

The TDS section under TDS deducted from the income earned during the financial year 2024-25 should be mentioned, which is for the financial year 2025-26 (financial year 2024-25).

New capital gains rules

For the assessment year 2025-26 (financial year 2024-25), for reporting capital gains arising from the sale of listed or unlisted shares, equity mutual funds, houses, land, or any other capital asset, the date of sale is crucial for calculating the correct capital gains amount and appropriate tax liability. ITR forms require separate reporting for transfers made on or after July 23, 2024, and the proper application of revised tax rates and indexation rules is necessary.

Report the income from share buybacks as deemed dividends. This new rule was announced in the Budget 2024. From October 1, 2024, the amount received on buybacks of shares by domestic listed companies will be considered as official income in the hands of shareholders.

The ITR-2, ITR-3, and ITR-5 have been revised to report income from buybacks as dividend income under 'income from other sources'. All shareholder taxpayers are required to report zero as sale income so that a capital loss arises from the cost of purchasing shares. This capital loss can be carried forward against other long-term capital gains for the next eight assessment years.

Providing disability certificate for deduction under Section 80DD and 80U:

For the financial year 2024-25 (financial year 2025-26), to claim deductions under section 80DD and 80U for expenses incurred for the treatment of persons with disabilities. Now, the confirmation number of disability certificates should be provided along with Form 10-IA.

If the total income is more than 1 crore rupees, then asset reporting is applicable.

For the financial year 2024-25, the requirement for reporting assets and liabilities for taxpayers with an income of more than 50 lakh rupees has been changed to income over 1 crore rupees. From this year, taxpayers will have to report their assets and liabilities in Schedule AL, which is mandatory only when the total income exceeds 1 crore rupees.

Extended disclosure for HRA (Article 10(13A)

Taxpayers who claim HRA exemption must now disclose the following details:

Workplace. • Actual HRA received. • Actual rent filled. • Basic salary and dearness allowance. • 50% or 40% of basic salary based on whether the city is metro or non-metro. • The above disclosure ensures the accurate calculation of HRA exemption under section 10(13A).

Enhanced disclosure for home loan (Section 24(b), 80EE and 80EEA)

• Lender's name, • Loan account number, • Loan approval date, • Total loan amount, • Remaining balance at the end of the financial year • Interest amount for the year.

From the financial year 2025-26, all taxpayers are required to disclose the above details when claiming a deduction for interest on home loans under 'Income from house property' section 24(b), and also under sections 80EE and 80EEA.

Section 80C deduction: Additional documents required

Section 80C allows a maximum deduction of Rs. 1,50,000 to claim tax benefits for various investments. However, it was previously easier to claim by simply entering the amount of investment, but from the financial year 2025-26, the following details need to be disclosed:-

 Document or receipt number

PPF account number

Insurance policy number

Section 80D: Deduction for health insurance premium

The following disclosures are required; • Name of the insurance company • Policy or document number

Section 80DDB deduction for the treatment of specified diseases.

Taxpayers claiming this are required to disclose the following details;

Name of the specified disease

Section 80EEB - Deduction of interest on loans for electric vehicles            

For the financial year 2025-26, the following details will need to be disclosed in order to claim a deduction under section 80EEB for the interest paid on the loan taken for the purchase of electric vehicles:

 Lender's name • Bank's name • Loan account number • Loan approval date • Total loan amount • Outstanding loan as of March 31

Final word

The important changes and updates brought by the Income Tax Department in the ITR form for the financial year 2024-25 (assessment year 2025-26) have been discussed above. Such changes enhance disclosures for deductions and capital gains, include the selection of the new tax regime, and reporting of assets, affecting almost every category of taxpayer. 

It is essential for every taxpayer to compare which regime is beneficial for them before filing and to understand what impact these updates will have on their tax liabilities.

Revenue Benefit Reporting Amendment

As a result of revenue changes, significant updates have been made to the capital gains tax rates in Schedule CG and related sections. Taxpayers will now need to clarify that they must report the details of profits received before and after July 23, 2024.

 The long-term capital gains (LTCG) tax has been revised to up to 12.5 percent for all assets, which was previously 10 percent applicable to shares. Meanwhile, the short-term capital gains (STCG) tax on certain assets, including shares, has increased from 15 percent to 20 percent. Financial assets held for more than 12 months will now be considered long-term investments.

As the tax season for the financial year 2024-25 (assessment year 2025-26) approaches, understanding how to accurately report capital gains from investments in stocks, mutual funds, and real estate has become more important than ever.

The federal budget of 2024 has introduced significant changes in capital gains taxation, particularly effective from July 23, 2024, which taxpayers in Patiala and across India need to know in order to ensure compliant and effective filing.

This guide will explain the latest regulations, help understand the nuances of capital gains, clarify their taxation, and guide you on how to accurately report them in your income tax return (ITR).

What are the revenue benefits?

In clear terms, capital gain is the profit you earn when you sell a 'capital asset' for more than its purchase price. Capital assets include various types of investments, among which:

 Financial assets: Stocks, mutual fund units, bonds, debentures, gold ETFs.Non-financial assets: Real estate (land and buildings), physical gold, jewelry, art, and other valuable items.

Non-economic assets: Real estate (land and buildings), physical gold, jewelry, art, and other valuable items.

• Short-term capital gains (STCG): They arise from assets that were held for a very short period of time. • Long-term capital gains (LTCG): They arise from assets that were held for a long period of time. These often receive special tax exemptions and in certain specific cases (such as properties purchased before July 23, 2024), they can also benefit from indexation.

Federal Budget 2024: Major changes for the year 2024-25 (financial year 2025-26)

The Budget 2024 has brought a more streamlined and equitable approach to capital gains taxation, which primarily affects the holding period and tax rates. These changes will be effective for transactions made on or after July 23, 2024.

1.Logical holding period: a) Listed securities (such as listed equity shares, equity-oriented mutual funds, units of business trusts): If held for more than 12 months, they are termed long-term. b) 

All other assets (such as unlisted shares, real estate, gold, jewelry, debt mutual funds purchased before April 1, 2023): If held for more than 24 months, they now qualify as long-term. The previous 36-month holding period for certain assets (such as debt mutual funds) has been abolished, resulting in a more consistent criterion.

 Revised rates (effective from July 23, 2024): o Short-term capital gains (STCG):  For listed equity shares, equity-oriented mutual funds, units of business trusts (where STT has been paid): The STCG tax rate has increased from 15% to 20%.  For other financial and non-financial assets (such as, unlisted shares, real estate held for less than 24 months, debt mutual funds purchased after April 1, 2023): It will be taxed at your applicable income tax slab rates.

 

Long-term capital gains (LTCG): A significant change is that for sales on or after July 23, 2024, a uniform LTCG tax rate of 12.5% has been introduced for all asset categories (financial and non-financial assets). This applies to gains beyond the exemption limit and, notably, there is no indexing benefit for these newly taxable LTCGs.

pecific to immovable property (land and buildings):  For sales after July 23, 2024, if the property is acquired after July 23, 2024, the tax rate is a straightforward 12.5% without indexing.  However, if the immovable property was acquired before July 23, 2024, the taxpayers selling it after July 23, 2024 have an option: they can choose between 12.5% without indexing or 20% with indexing. This allows for the option to choose based on lower tax liability calculations. 

 Increased exemption limit under Section 112A: For LTCG on listed shares and equity-based mutual funds, the annual exemption limit has been raised from ₹1 lakh to ₹1.25 lakh for the entire financial year 2024-25. A tax of 12.5% is levied on profits exceeding this limit (increased from the previous 10%).

 Removal of Indexation Benefit (mostly for LTCG): For sales on or after July 23, 2024, the indexation benefit for long-term capital gains has been largely removed. This means that the purchase cost of most assets will not be adjusted for inflation for the purpose of calculating LTCG if you opt for the 12.5% tax rate. The Cost Inflation Index (CII) for the financial year 2024-25 is 363. This will be relevant for taxpayers who still have the option to apply indexation for their assets (acquired before July 23, 2024) and who choose the 20% tax rate.

Calculate the revenue profit

 Short-term capital gain (STCG) = Total value of consideration - (Cost of acquisition + Cost of improvement + Expenses on transfer) Long-term capital gain (LTCG) = Total value of consideration - (Indexed cost of acquisition / Actual cost of acquisition + Cost of improvement + Expenses on transfer) • Important note on the grandfathering rule (Article 112A): 

For listed shares and equity-oriented mutual funds acquired before January 31, 2018, the cost of acquisition for LTCG calculation under Article 112A is considered to be the highest of: • * Actual cost of acquisition. • * Fair market value (FMV) as of January 31, 2018.

Reporting of capital gains in your ITR (AY 2025-26) The Income Tax Department has released the updated ITR forms and utilities for AY 2025-26, which include these new capital gains rules. Importantly, the deadline for filing ITR for AY 2025-26 has been extended to September 15, 2025.

 • ITR-1 (Sahaj) and ITR-4 (Sugam): A welcome simplification! If your LTCG under section 112A (from listed shares or equity-based mutual funds) is up to ₹1.25 lakh and you have no outstanding or carried forward capital losses, you can now report it directly in ITR-1 or ITR-4.

 This significantly reduces the filing burden for many salaried individuals and small investors. • ITR-2 and ITR-3: These forms are for individuals and HUFs with more complex income structures, including significant capital gains, multiple house properties, foreign assets, or business/professional income. They have been updated very carefully to ensure that:

 

Capital Gains Separation: You will need to report separate capital gains for transactions executed before and after July 23, 2024, so that the correct tax rates and rules can be applied properly. o Schedule 112A: 

This continues to require script-wise reporting for listed shares and equity-based mutual funds where the grandparent provisions are applicable. Be prepared with details such as ISIN code, script name, number of shares/units sold, sale price, cost of purchase, and FMV as of January 31, 2018. o Schedule CG: This schedule is used for reporting other capital gains, including real estate, unlisted shares, gold, and other assets.

• Exemption from Capital Gains Tax The Income Tax Act provides exemptions on capital gains when reinvesting in specified assets. Some popular exemptions for the financial year 2025-26 include: • Section 54 (Sale of Residential House Property): Exemption on LTCG from the sale of a residential house if the profits are invested in purchasing another residential house one year before or within two years after the sale, or if a house is constructed within three years. 

The new residential house must be located in India. Beyond the financial year 2024-25, the maximum exemption under Section 54 (and 54F) is limited to ₹10 crore. • Section 54EC (Investment in Specified Bonds): Exemption on LTCG from the sale of land or building (held for more than 24 months) if the profits are invested in specific bonds (such as NHAI, REC, PFC, IRFC bonds) within six months of transfer. The maximum investment in these bonds in a financial year is ₹50 lakh, and they have a lock-in period of 5 years. The interest on these bonds is taxable.

 

Section 54F (Sale of any long-term capital asset other than a residential house): If the net sale proceeds are invested in the purchase/construction of a new residential house in India, there is an exemption from LTCG on the sale of any long-term capital asset (excluding residential houses). 

Conditions regarding ownership of other residential properties and the period of investment apply. If the entire net proceeds are not invested, the exemption is proportional and is also limited to ₹10 crores.

• Capital Gains Account Scheme (CGAS) • If you sell a capital asset and intend to reinvest the capital gains to claim the exemption but are unable to do so before the due date for filing the ITR (September 15, 2025), you can deposit the unused capital gains in the Capital Gains Account Scheme with a public sector bank. 

This action ensures that the capital gains remain eligible for exemption. The deposited amount must be used for the specified purpose within the stipulated time frame from the date of transfer of the original asset (2 years for purchase, 3 years for construction). Any unused amount in CGAS after the period expires will be taxable in the year in which the period expires.

Documents required for capital gains reporting

• To ensure a satisfactory filing experience, keep the following documents ready: • Sales promise/contract for asset sale • Purchase promise/contract for asset purchase • Brokerage details (for stocks and mutual funds) • Consolidated capital gains statement from RTA (such as CAMS/Kfintech) for mutual funds • Tax P&L statement from your broker for equity shares • Information on expenses incurred on transfer (brokerage, registration fees, etc.) • Evidence of investment in new assets (to claim a deduction) • Bank statement reflecting sale proceeds and investment • Form 16B for asset sale (if TDS was deducted by the buyer)

• Important considerations for taxpayers in Patiala and surrounding areas: • TDS on property sale: For the sale of real estate exceeding ₹50 lakhs, the buyer must deduct 1% TDS under Section 194-IA. 

Always ensure that you receive Form 16B for this. • Set-off and carry forward of losses: Capital losses can help reduce your tax liability. Short-term capital losses can be set off against both STCG and LTCG. Long-term capital losses can only be set off against LTCG. Any unutilized capital loss can be carried forward for a maximum of 8 assessment years, provided you file your ITR on time.

Additional disclosure and sequencing details

To claim indexed benefits, residents are required to separately declare the acquisition and improvement costs of land or buildings transferred before July 23, 2024. Additionally, individuals with an annual income exceeding 1 crore rupees - which has been raised from the previous criterion of 50 lakh rupees - will need to report their assets and liabilities at the end of the financial year, unless already disclosed under Part A - Balance Sheet.

 A new capital loss reporting line has been introduced.

An additional line has been included in Schedule CG for taxpayers to report capital losses arising from share buybacks under Section 68 of the Companies Act, 2013. The aim is to improve clarity and compliance for shareholders affected by company buyback transactions.