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How to calculate LTCG on land if payment is received in multiple years

Lokesh (Student) (53 Points)

14 July 2025

I purchased a land in 2022 for 45Lakh and now did sale of agreement in 2024 December for 1 cr. I received 70L in Feb 2025 and rest amount of 30L I will receive in September 2025 and that is when the sale deed registery will be done to the buyer. How to calculate the LTCG and sec 54 since the financial year is up to 31st March 2025

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5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (195513 Points)
Replied 14 July 2025

Holding period will be from 2022 to Sep 2025
Exemption u/s. 54F can be availed if you invest in new HP purchase or constructed within next 2 or 3 years respectively.

Lokesh (Student) (53 Points)
Replied 14 July 2025

Dhirajlal sir, thank you for your reply. Can you please tell me in filing ITR for year ending 31st March 2025 what will be the LTCG amount, since i only receive partial amount

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (195513 Points)
Replied 14 July 2025

Consider it as advance, no LTCG over it till you register sale deed. In AIS report (& schedule TDS in ITR) you can file such feedback.

Lokesh (Student) (53 Points)
Replied 14 July 2025

The agreement of sale is not registered. Its just a stamp paper with sign from both parties. In that case will I have to pay LTCG on the money received till now. If yes, what is the calculation

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (195513 Points)
Replied 14 July 2025

You cannot transfer any property (here land) without registered sale deed wherein adequate stamp duty is paid. Without it you cannot prove your stand anywhere.