⚠️NRI: TDS @20%+surcharge+cess deductible by buyer under Sec 195. Obtain Form 15CA/15CB. Treaty benefits may reduce rate. No basic exemption on LTCG.
🏠 Asset Sold
📅Historical FY Support: Enter the actual date of sale — the calculator automatically applies the correct tax rates, CII index and rules for that financial year. For example, FY 2022-23 sales will use LTCG @20% with indexation (old rates), not the Budget 2024 rates of 12.5%.
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💰 Sale Consideration
📋 Cost of Acquisition & Improvement
🧮 Capital Gain Computation
ℹ️Complete Step 1 first.
📊 Tax Classification & Applicable Rates
⚖️ Old vs New Tax Regime Comparison
📌Eligibility is auto-determined. Check sections that apply, fill investment details. Your inputs are preserved when navigating between steps.
🏛️ Section 54EC — NHAI / REC / PFC / IRFC Bonds
📌Invest within 6 months of sale. Max ₹50 lakhs per FY. Lock-in: 5 years. Only for LTCG from land or building. Interest is taxable.
#
Bond Issuer
Investment Date
Amount (₹)
Financial Year
Within 6M?
🏦 Capital Gains Account Scheme (CGAS)
ℹ️If exemption amount is not fully invested before ITR due date (31st July), deposit unutilised amount in a CGAS account with a designated PSU bank. Unutilised amount after 2/3 years is taxable.
📝 CGAS Deposit / Withdrawal Log
#
Type
Bank / Branch
Account No.
Date
Amount (₹)
Purpose
🏦Designated Banks: SBI, Canara Bank, Bank of Baroda, PNB, Bank of India, Central Bank, Union Bank, UCO Bank, Indian Bank & other PSU banks notified by CBDT. Open Scheme A (Savings) or Scheme B (Term Deposit).
📄 TDS on Sale — Form 26AS / AIS Reference
🔒Security Note: This calculator does NOT connect to the Income Tax portal or store any credentials. To check TDS, log in to incometax.gov.in → View 26AS / AIS and enter the TDS details below manually.
ℹ️Sec 194IA: Buyer must deduct TDS @1% on property sale ≥ ₹50 lakhs. NRI sales: Sec 195 @20%+surcharge+cess. Buyer files Form 26QB within 30 days. Seller claims credit in ITR via Form 16B.
📲How to check 26AS: Login → incometax.gov.in → e-File → Income Tax Returns → View Form 26AS → AY 2025-26 → Part A1 (TDS on Non-Salary). Also check AIS (Annual Information Statement) for complete property transaction data.
