Capital gain investment timeline sale of property

Hi,

I have purchased under construction property which will be ready in 2027 May.

If i want to invest capital gain from sale of existing property in above property, when should I plan to sell the existing property?

Is it within 1 year from the time new property is booked?

 

Thanks

Abhi

Replies (4)
Quick Summary
This discussion clarifies the timeline for investing capital gains from a property sale into a new under-construction property. To qualify for tax relief, the sale of the existing property must occur within one year before or two years after the registered sale agreement date of the new property. It's also essential to pay at least the capital gains amount to the builder before filing the relevant Income Tax Return.

Within one year before registered sale agreement. (Or two years after that)

It must be within one year.

Ok , thanks, just to confirm, i can sell old one 2 years after the sale agreement of new property and the construction of new one should finish within 2 years of sale?

Yes, eligible, if you pay (at least) the capital gain amount to builder before filing relevant ITR.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details