Capital Gain Tax on Residential Property

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Q1: Purchased a property in 2008-09. Registry done in 2011-12. What time period to be taken while doing indexation?

Q2: Also, paid some amount to freehold the property in 2011-12. Can this cost be treated as cost of improvement?

Q3: The above mentioned property is going to be sold in April 2021. Upto when can money be deposited into Capital Gain Account Scheme? 6 months from sale of property i.e. October 2021 or before due date of filing return i.e. July 2022 ?

Thanks & Regards
Replies (4)
Q1)indexation from 2008-2009
Tds deposit in which year
A1- 2008-09
A2-No you can't.
A3- within 6 months from date of sale
Ayushmita Ji,
TDS not deducted because property was of Rs. 11 lakhs.


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