Which year to consider for Property tax if sold after the reconstruction?

@ Jack

Ownership changed in 2020.

And obviously, the new owner[husband] is the seller.

Payment made to the seller[husband] and 26AS will show the TDS in the seller's name/pan.

Cost of the flat in 2020 is to be used for CG calculation, with indexation.

Payment made to the seller? This is a resonctruction case.

The owner was changed due to the death of the wife.

@ Jack

Actually, using 2020 market value is better since the C G would be lower compared to using the 2004 value, even with indexation. 

Regarding Tax department bothering one about transfer of registration from Late Wife's name to the Widower, that does not apply, since it was a transfer to the heir of the departed. 

However, plz note that I am not a CA or Indian taxation expert. You should wait for some expert for clarification.

okay thank you for your thoughts!

@ Jack or Abhi21

How did you manage to change your USER NAME in the forum ?

Go to My Profile > Edit profile > update the name and other details

@ Jack or Abhi21

Fantastic lesson   :)