Capital Gains on Property Calculator
Calculate capital gains tax on property sale with indexation benefit for long-term holdings.
Important disclaimer: This tool provides estimates for informational purposes. Consult a qualified Chartered Accountant for filing and exemptions.
Property Details
Understanding Capital Gains on Property in India
Property gains are taxed differently based on holding period. Long-term holdings (beyond 24 months) may use indexation, while short-term gains generally do not.
LTCG
- Holding period over 24 months
- Indexation generally available
- Potential exemption sections may apply
STCG
- Holding period up to 24 months
- No indexation benefit
- Taxed at applicable slab/corporate rates
Frequently Asked Questions
What is indexation in capital gains on property?
Indexation adjusts property purchase cost for inflation using Cost Inflation Index (CII), reducing taxable long-term gains.
What is the difference between LTCG and STCG on property?
LTCG applies beyond 24 months (typically 20% with indexation). STCG applies up to 24 months and is taxed at applicable slab rates.
Can I claim exemptions on capital gains from property sale?
Possible exemptions include Sections 54, 54F, and 54EC, subject to eligibility and timelines. Consult a tax professional before filing.