Need help on Minimising Tax on Capital Gains

This query is : Resolved

Venkatesan V (Querist)
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04 January 2026 Hello All,

I own an Apartment which was registered yointly with my wife in october 2001 The sale deed shows only 3.85 Iakh — UDS only (guideline value 4.70 lakh) and the Total payment was 18 Iakh. I am a senior citizen and like to sell off this apartment and settle down in a temple town. have already purchased a 1BHK apartment in Joint names by using my Fixed deposits (25 lakh) —
registered in May 2023, and payment completed in October 2024.

we have found a buyer going for a bank loan and mostly the sale would be completed for 55 lakh in Mar—April 2026.

also would like to get expert opinions for

1.How to calculate the Long Term capital Gains and cost of indexation.
2. reducing the capital gains tax
3. process of showing these details in ITR and claim TDS on the sale.

Thanks in advance,