{"id":2040,"date":"2025-05-05T16:51:33","date_gmt":"2025-05-05T11:21:33","guid":{"rendered":"https:\/\/www.caclubindia.com\/guide\/?p=2040"},"modified":"2025-06-26T15:55:15","modified_gmt":"2025-06-26T10:25:15","slug":"capital-gain-on-sale-of-property","status":"publish","type":"post","link":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/","title":{"rendered":"Capital Gain On Sale Of Property: From Sale to Tax"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Capital-Gain-On-Sale-Of-Property-1024x538.png\" alt=\"\" class=\"wp-image-2042\" srcset=\"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Capital-Gain-On-Sale-Of-Property-1024x538.png 1024w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Capital-Gain-On-Sale-Of-Property-300x158.png 300w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Capital-Gain-On-Sale-Of-Property-768x403.png 768w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Capital-Gain-On-Sale-Of-Property.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Selling property in India involves tax implications under the Income Tax Act, 1961. Understanding the nuances of capital gains taxation is crucial for effective financial planning.<\/p>\n\n\n\n<p>Capital Gain refers to the profit or gain arising when a capital asset is sold for a price higher than its purchase price.<\/p>\n\n\n\n<p>It is the difference between the selling price and the purchase (or acquisition) price of the asset.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\r\n<div class=\"ez-toc-title-container\">\r\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\r\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\r\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Classification_of_Capital_Gains\" >Classification of Capital Gains<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Types_of_Capital_Gains\" >Types of Capital Gains<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Short-Term_Capital_Gain_STCG\" >Short-Term Capital Gain (STCG)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Long-Term_Capital_Gain_LTCG\" >Long-Term Capital Gain (LTCG)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Definitions\" >Definitions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Grandfathering_Provision_for_Assets_Acquired_Before_July_23_2024\" >Grandfathering Provision for Assets Acquired Before July 23, 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Exemption_Available_for_Capital_Gain_on_Sale_of_Property\" >Exemption Available for Capital Gain on Sale of Property<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Capital_Gain_on_Jointly_Owned_Property\" >Capital Gain on Jointly Owned Property<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Capital_Gain_on_Inherited_Property_Gift_Will_Inheritance\" >Capital Gain on Inherited Property (Gift \/ Will \/ Inheritance)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#How_is_Capital_Gain_Calculated_on_Inherited_Property\" >How is Capital Gain Calculated on Inherited Property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#Surcharge_On_Capital_Gain\" >Surcharge On Capital Gain<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Classification_of_Capital_Gains\"><\/span>Classification of Capital Gains<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Type of Gain<\/strong><\/td><td><strong>Holding Period<\/strong><\/td><td><strong>Tax Rate<\/strong><\/td><\/tr><tr><td>Short-Term Capital Gain (STCG)<\/td><td>Less than 24 months<\/td><td>As per income tax slab<\/td><\/tr><tr><td>Long-Term Capital Gain (LTCG)<\/td><td>24 months or more<\/td><td>20% with indexation or 12.5% without indexation (for properties acquired on or after July 23, 2024)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>For properties acquired on or after July 23, 2024, taxpayers have the option to choose between:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>12.5% LTCG tax without indexation, or<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>20% LTCG tax with indexation<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Types_of_Capital_Gains\"><\/span>Types of Capital Gains<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Short-Term_Capital_Gain_STCG\"><\/span>Short-Term Capital Gain (STCG)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A Property held for 24 months or less before selling. This is taxed at normal slab rates.<\/p>\n\n\n\n<p>No indexation benefit is available for Short Term Capital Gain.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long-Term_Capital_Gain_LTCG\"><\/span>Long-Term Capital Gain (LTCG)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A Property held for more than 24 months. <strong><a href=\"https:\/\/www.caclubindia.com\/guide\/long-term-capital-gain\/\">Long term Capital Gain<\/a><\/strong> is Taxed at 20% with indexation and 12.5% without Indexation. Here Indexation benefits are available.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Definitions\"><\/span>Definitions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Term<\/td><td>Meaning<\/td><\/tr><tr><td>Sale Consideration<\/td><td>Actual amount received or fair market value (FMV) if underreported.<\/td><\/tr><tr><td>Cost of Acquisition<\/td><td>Original purchase price.<\/td><\/tr><tr><td>Cost Inflation Index (CII)<\/td><td>Used to adjust the purchase price for inflation.<\/td><\/tr><tr><td>Improvement Cost<\/td><td>Capital expenses (e.g., building a floor, not repairs). Indexed similarly.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Grandfathering_Provision_for_Assets_Acquired_Before_July_23_2024\"><\/span>Grandfathering Provision for Assets Acquired Before July 23, 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For properties purchased before July 23, 2024, taxpayers were given an option:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pay 12.5% tax without indexation, or<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pay 20% tax with indexation.<\/li>\n<\/ul>\n\n\n\n<p>This provision aimed to provide relief to those who had acquired properties under the old tax regime.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Exemption_Available_for_Capital_Gain_on_Sale_of_Property\"><\/span>Exemption Available for Capital Gain on Sale of Property<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"853\" height=\"1024\" src=\"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Exemption-Available-for-Capital-Gain-on-Sale-of-Property-853x1024.png\" alt=\"\" class=\"wp-image-2041\" srcset=\"https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Exemption-Available-for-Capital-Gain-on-Sale-of-Property-853x1024.png 853w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Exemption-Available-for-Capital-Gain-on-Sale-of-Property-250x300.png 250w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Exemption-Available-for-Capital-Gain-on-Sale-of-Property-768x922.png 768w, https:\/\/www.caclubindia.com\/guide\/wp-content\/uploads\/2025\/05\/Exemption-Available-for-Capital-Gain-on-Sale-of-Property.png 1000w\" sizes=\"auto, (max-width: 853px) 100vw, 853px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_Gain_on_Jointly_Owned_Property\"><\/span>Capital Gain on Jointly Owned Property<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When a property is owned jointly (by 2 or more persons), capital gains on its sale are also shared proportionately.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_Gain_on_Inherited_Property_Gift_Will_Inheritance\"><\/span>Capital Gain on Inherited Property (Gift \/ Will \/ Inheritance)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A property that is received through inheritance, gift, or will, capital gains are taxable at the time of sale, not at the time of receiving it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_is_Capital_Gain_Calculated_on_Inherited_Property\"><\/span>How is Capital Gain Calculated on Inherited Property?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Particulars<\/strong><\/td><td><strong>Calculation<\/strong><\/td><\/tr><tr><td>Cost of Acquisition<\/td><td>Consider the cost to the original owner (not zero)<\/td><\/tr><tr><td>Period of Holding<\/td><td>Includes the holding period of the previous owner<\/td><\/tr><tr><td>Indexation<\/td><td>Allowed from the year the previous owner acquired the property<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Surcharge_On_Capital_Gain\"><\/span>Surcharge On Capital Gain<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Surcharge is applicable on capital gains, but only if the total income exceeds certain thresholds. Below is the calculation of Surcharge.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Total Income (including Capital Gains)<\/strong><\/td><td><strong>Normal Income (Slab\/Other Income)<\/strong><\/td><td><strong>LTCG \/ STCG under 111A \/ 112A<\/strong><\/td><\/tr><tr><td>\u20b950 lakh \u2013 \u20b91 crore<\/td><td>10%<\/td><td>10%<\/td><\/tr><tr><td>\u20b91 crore \u2013 \u20b92 crore<\/td><td>15%<\/td><td>15%<\/td><\/tr><tr><td>\u20b92 crore \u2013 \u20b95 crore<\/td><td>25%<\/td><td>Capped at 15% for capital gains<\/td><\/tr><tr><td>Above \u20b95 crore<\/td><td>37%<\/td><td>Capped at 15% for capital gains<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Note: <\/strong>For long-term capital gains (LTCG) under section 112, section 112A, and short-term capital gains under 111A, the surcharge is capped at 15%, even if total income exceeds \u20b92 crore or \u20b95 crore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1746438888473\"><strong class=\"schema-faq-question\">How is capital gain on property calculated?<\/strong> <p class=\"schema-faq-answer\">Capital Gain = Sale Price \u2013 Indexed Cost of Acquisition \u2013 Improvement \u2013 Transfer Expenses<br\/>Indexation applies only to LTCG. For inherited property, cost to the previous owner is used.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1746438911665\"><strong class=\"schema-faq-question\">Is capital gain on inherited property taxable?<\/strong> <p class=\"schema-faq-answer\">Inheritance is not taxable, but sale of inherited property is:<br\/>You get the benefit of indexation from the year the previous owner bought the property.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1746438962871\"><strong class=\"schema-faq-question\">Is TDS deducted on sale of property?<\/strong> <p class=\"schema-faq-answer\">Yes, buyer must deduct TDS @1% on sale price if property value exceeds \u20b950 lakh (Sec 194-IA).<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1746438985911\"><strong class=\"schema-faq-question\">Can one claim exemption under 54 and 54EC together?<\/strong> <p class=\"schema-faq-answer\">Yes, if invested in different portions of LTCG in different eligible options. Both exemptions can be claimed simultaneously.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1746438995464\"><strong class=\"schema-faq-question\">Is advance money received before sale taxable?<\/strong> <p class=\"schema-faq-answer\">Yes, if the sale doesn\u2019t go through and you forfeit the advance, it is taxable under \u201cIncome from Other Sources\u201d (Section 56).<\/p> <\/div> <\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Selling property in India involves tax implications under the Income Tax Act, 1961. Understanding the nuances of capital gains taxation [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":2042,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-capital-gains-tax"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Capital Gain On Sale Of Property: From Sale to Tax - Tax Guide<\/title>\r\n<meta name=\"description\" content=\"Are you selling your property? You may be liable to pay Capital Gains Tax based on your profit and the holding period. Know how to save tax .\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Capital Gain On Sale Of Property: From Sale to Tax - Tax Guide\" \/>\r\n<meta property=\"og:description\" content=\"Are you selling your property? You may be liable to pay Capital Gains Tax based on your profit and the holding period. 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For inherited property, cost to the previous owner is used.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#faq-question-1746438911665","position":2,"url":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#faq-question-1746438911665","name":"Is capital gain on inherited property taxable?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Inheritance is not taxable, but sale of inherited property is:<br\/>You get the benefit of indexation from the year the previous owner bought the property.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#faq-question-1746438962871","position":3,"url":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#faq-question-1746438962871","name":"Is TDS deducted on sale of property?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, buyer must deduct TDS @1% on sale price if property value exceeds \u20b950 lakh (Sec 194-IA).","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#faq-question-1746438985911","position":4,"url":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#faq-question-1746438985911","name":"Can one claim exemption under 54 and 54EC together?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, if invested in different portions of LTCG in different eligible options. Both exemptions can be claimed simultaneously.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#faq-question-1746438995464","position":5,"url":"https:\/\/www.caclubindia.com\/guide\/capital-gain-on-sale-of-property\/#faq-question-1746438995464","name":"Is advance money received before sale taxable?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, if the sale doesn\u2019t go through and you forfeit the advance, it is taxable under \u201cIncome from Other Sources\u201d (Section 56).","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/posts\/2040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/comments?post=2040"}],"version-history":[{"count":1,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/posts\/2040\/revisions"}],"predecessor-version":[{"id":2043,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/posts\/2040\/revisions\/2043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/media\/2042"}],"wp:attachment":[{"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/media?parent=2040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/categories?post=2040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caclubindia.com\/guide\/wp-json\/wp\/v2\/tags?post=2040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}