This discussion focuses on calculating Long Term Capital Gains (LTCG) for a property purchased in April 2018 and sold in April 2025. It explores two calculation methods: 12.5% without indexation and 20% with indexation. The user is seeking guidance on the tax implications and strategies to potentially reduce the applicable LTCG tax.
15 May 2025
I, have purchase a flat in April 2018 at Rs. 40,11,150/- (as per deed) and also paid GST extra @12% i.e. Rs.4,81,338.00 (have GST Invoices to prove). Now, in April 2025 I have sold the above flat at Rs.62,85,400/- (as per deed). Please help me in calculating the LTCG on the above property with both the methods (i.e. 12.5% without indexation & 20% with indexation) and also clarify how to save applicable LTCG on the above.
15 May 2025
without indexation, your LTCG tax is is around 2.24 lakhs. for indexation, the cost inflation index for fy 2025-26 is yet to be declared. so you need to wait a bit to calculate your gains..