How Abhishek Bachchan earns ₹18.9 lakhs/month rent from SBI and pays almost zero income tax??
Well, I don't know if it is true or not but
Here’s how the rich reduce their taxable income to almost zero using commercial property, depreciation, and loans — all legally.
They claim depreciation, show paper losses, avoid capital gains tax by taking loans against property, and reinvest that money.
This is how wealth multiplies — not just through income, but by playing smart with tax laws.
🎥 Save this video 📤 Share it with anyone earning rental income 🔔 Follow @ca.meenalgoel for more financial hacks
Disclaimer: The classification of rental income under Indian tax law depends on the specific facts of each case and the intent of the property owner. If the primary intention is to earn standard rental income, it may be classified under "Income from House Property" (IFHP). However, if the intent is to commercially exploit the asset, such income may be categorized as "Profits and Gains of Business or Profession" (PGBP). Taxpayers are advised to consult a qualified professional for case-specific guidance.
In the current case it has been considered a PGBP income.
[abhishek bachchan income, rental income, tax saving tips, depreciation hack, commercial property investment, income tax, zero tax strategy, how rich save taxes, capital gains tax, financial planning india, ca meenal goel]
It’s not about rich or poor, to pay income tax properly should be civil duty of every citizen in almost every country, this mindset would help countries come out of poverty.
Remember people, Context matters. Depreciation can only be claimed on the value of building and not the associated land that too at a rate of 10%. So, using a rate of 4000 to 6000 per sq ft, a 8000 sq ft bungalow would cost around 3.2 to 4.8 crore. 10% of that would be around 50 lacs. Total rental income for the year is 2.26 crore. So, although less but he must be paying some taxes. There are many more variables that also need to be considered and in reality things are not so simple.
Muddle class tax class Depreciation available on building (excluding land cost) only if renting property is your declared primary business and then Standard Deduction of 30% is not allowed. You can't get both benefits
Ma'am can you Please explain the process in a more structured way with an example?
I mean I don't understand 2 things
1. how can someone claim depreciation on a property?
2. Depreciation hone k baad jab property ki value zero ho jaegi? To uspe Loan kaun dega? Aur agar dia bhi, to loan chukana bhi to padega na, wo bhi interest k saath?
I think itna complex tax scenario aapko thoda properly samjhana chahiye, naaki sirf short me explain kar dena without any proper background context, people will understand nothing and rather get confused by this.
28 comments
How Abhishek Bachchan earns ₹18.9 lakhs/month rent from SBI and pays almost zero income tax??
Well, I don't know if it is true or not but
Here’s how the rich reduce their taxable income to almost zero using commercial property, depreciation, and loans — all legally.
They claim depreciation, show paper losses, avoid capital gains tax by taking loans against property, and reinvest that money.
This is how wealth multiplies — not just through income, but by playing smart with tax laws.
🎥 Save this video
📤 Share it with anyone earning rental income
🔔 Follow @ca.meenalgoel for more financial hacks
Disclaimer:
The classification of rental income under Indian tax law depends on the specific facts of each case and the intent of the property owner. If the primary intention is to earn standard rental income, it may be classified under "Income from House Property" (IFHP). However, if the intent is to commercially exploit the asset, such income may be categorized as "Profits and Gains of Business or Profession" (PGBP). Taxpayers are advised to consult a qualified professional for case-specific guidance.
In the current case it has been considered a PGBP income.
[abhishek bachchan income, rental income, tax saving tips, depreciation hack, commercial property investment, income tax, zero tax strategy, how rich save taxes, capital gains tax, financial planning india, ca meenal goel]
#cameenalgoel #finance #taxation #money #abhishekbachan
Then how to buy property further beyond loan once?
You don't have ITR of him how you are proving that he pays zero tax misleading video
You are making wrong examples on real life person
Aur 20% house tax jo dena padta hai rental property par uska kya?
Property ko sell kar k uss k upar loan le lete hai..😅😅
Challenge her to show this on excel with few assumpion in span of 5 years. 😂😂😂😂
Salary wale kya kare?
It’s called scam not loophole 😂
It’s not about rich or poor, to pay income tax properly should be civil duty of every citizen in almost every country, this mindset would help countries come out of poverty.
Are you C.A of abhishek?
Is baat ki koi sense hai😂
As per companies act 2013, the money raised by way of loan can't be used in investing
In case of loan or morgage of property capital gain tax is compulsory to be paid .
Income from House property not allowed as business income and hence depreciation not allowed
Wrong info
Mam you need to learn Income tax…..
Aanvyy kuch bhi bolne se ni hota…..
Garibo ko or maro
यही तो हमारा मंदबुद्धि टैक्स सिस्टम है 😅
Remember people, Context matters. Depreciation can only be claimed on the value of building and not the associated land that too at a rate of 10%. So, using a rate of 4000 to 6000 per sq ft, a 8000 sq ft bungalow would cost around 3.2 to 4.8 crore. 10% of that would be around 50 lacs. Total rental income for the year is 2.26 crore. So, although less but he must be paying some taxes. There are many more variables that also need to be considered and in reality things are not so simple.
Muddle class tax class
Depreciation available on building (excluding land cost) only if renting property is your declared primary business and then Standard Deduction of 30% is not allowed.
You can't get both benefits
Aapne kitni properties ko rent p de rakha h ma'am. And kitna loan lekr invest kia hua h?
Meddle class ko ye pata home se bhi wo kuch nahi kar shakta 😂
Rich getting richer….and middle class got the burden of taxes. Stop praising such fraud cases.
They have good CA and lawyers madam, they can fight easily but everyone can't
I have a confusion how can someone take loan for selling a property kindly explain
I am rich you are middle class 😅😂
Ma'am can you Please explain the process in a more structured way with an example?
I mean I don't understand 2 things
1. how can someone claim depreciation on a property?
2. Depreciation hone k baad jab property ki value zero ho jaegi? To uspe Loan kaun dega? Aur agar dia bhi, to loan chukana bhi to padega na, wo bhi interest k saath?
I think itna complex tax scenario aapko thoda properly samjhana chahiye, naaki sirf short me explain kar dena without any proper background context, people will understand nothing and rather get confused by this.
isko tax chori aur money laundering kehte hai, not a HACK ma'am