LTCG Calculation FY 24-25

1. Loan interest amount  No

2. Improvement cost ( interior ) yes 

3. Brokerage cost ( separately during purchase and sale time ) yes

4 . Stamp duty during purchase yes

5. Lawyer / notary Fee yes

6 . 1% TDS for seller No

7 . Periodic Renovation cost  depends

Thanks Anoop Ji , that helped. 

People should be crystal clear on buying property with bank loans . Its not only a sheer waste of your huge hard earned money but also a death trap ( mortgage literally means the same ) , Which we all should stay away from . 

Taxpayers can claim interest on their housing loan in their ITR when filing it. If they purchase a commercial property, they can claim these benefits in their profit and loss statement.