Queries about tax on sale of property

Hi 

We sold a house after 9 years of acquiring it last month. My queries are- 

1. Is there any other tax other than capital gains tax on income from sale of property? 

2. I calculated the indexation and the costs incurred in acquiring the property and then repairs and we are having a loss after the sale of property. So will there be any capital gains tax payable? 

3. If one is incurring a loss after sale of property, then can the amount received from the property be used in other schemes like long term FDs etc instead of having to buy property in exchange of property sold? 

4. If I invest a part of money (say 20 lakh) in a 80C 5 year FD of bank, is it that this entire 20 lakh invested will be tax free or will I only get the 1.5 lakh tax benefit on my yearly income? Please clarify this as I don't know why my bank is saying that the entire amount will become tax free. 

5. Can husband and wife both claim this 80 C benefit if the property is joint and the amount for the property has been paid off in both husband and wife's accounts? 

Thanks a lot