Complete guide under Income Tax Act on understanding taxability of capital gain on transfer of land & building
1Taxpayer & Asset
2Sale Details
3Selling Expenses
4Cost Details
5Re-investment
✓Results
§CII Chart
1
Taxpayer & Asset
Act 1961: Sec. 2(42A) · Sec. 6Act 2025: Sec. 2(101) · Sec. 6
The 20% (with indexation) alternative applies only to resident Individuals / HUFs.
Determines whether Sec. 54 | 82 or Sec. 54F | 86 applies to re-investment in a house.
Not more than 100. Sale, expenses and cost are entered in TOTAL; your share is applied automatically.
2
Sale details
Act 1961: Sec. 48 · Sec. 50CAct 2025: Sec. 72 · Sec. 78
If SDV exceeds 110% of consideration, SDV is adopted as full value of consideration [Sec. 50C, third proviso - Act 1961 | Sec. 78(1)(b) - Act 2025].
3
Selling expenditure
Expenditure wholly & exclusively for transfer · Total, not proportion
Date
Description
Expense (₹)
4
Cost details
FMV as on 01-04-2001 · Total, not proportion Act 1961: Sec. 55Act 2025: Sec. 90
Category
Description
Date
Cost (₹)
FMV on 01-04-2001 (₹)
FMV is enabled only for acquisitions dated before 01-04-2001 (higher of cost or FMV is adopted; FMV cannot exceed stamp duty value as on 01-04-2001). Cost of Improvement incurred before 01-April-2001 is ignored [Sec. 55(1)(b) - Act 1961 | Sec. 90(1)(b) - Act 2025 ].
5
Re-investment (your investment alone)
Act 1961: Sec. 54 · Sec. 54B · Sec. 54EC · Sec. 54FAct 2025: Sec. 82 · Sec. 83 · Sec. 85 · Sec. 86
The Capital Gains Account Scheme deposit must be made on or before this date; the deposit-date check uses your selection.
The two-house option u/s 54 (capital gain ≤ ₹2 crore) is a once-in-a-lifetime choice.
