# Property Sale, Capital Gains & Section 54 Tax Services

> Selling property in India triggers capital gains tax: long-term (held more than 24 months) gains are taxed at 12.5% without indexation for transfers from 23 July 2024, with residents allowed to choose 20% with indexation for property bought before that date. Exemptions under Sections 54, 54F and 54EC can reduce the tax to nil if the gain or sale proceeds are reinvested in time.

## Who this is for

- Owners selling a flat, house, plot, land or commercial property
- Buyers who must deduct TDS on a property purchase
- Heirs and family members who inherited or received property as a gift
- Landlords earning rental income

## Services

- [Tax on Sale of Flat or House](https://www.industax.com/services/property-tax/residential-property-sale-tax) — Capital gains on selling a residential flat, apartment or house
- [Tax on Sale of Land, Plot or Commercial Property](https://www.industax.com/services/property-tax/land-commercial-property-sale-tax) — Capital gains on land, plots, shops and offices — including agricultural land
- [TDS on Property Purchase (1%) & Buyer Compliance](https://www.industax.com/services/property-tax/property-purchase-tds) — Section 194-IA TDS, Form 26QB / Form 141 and stamp duty for buyers
- [Section 54, 54F & 54EC Capital Gains Exemptions](https://www.industax.com/services/property-tax/capital-gains-exemption-54-54f-54ec) — Planning reinvestment to save tax on property and asset sales
- [Tax on Inherited Property](https://www.industax.com/services/property-tax/inherited-property-tax) — Inheriting, holding and selling property received through a will or succession
- [Tax on Gifted Property](https://www.industax.com/services/property-tax/gifted-property-tax) — Gift deeds, exemptions for relatives, clubbing and sale of gifted property
- [Tax on Jointly Owned Property](https://www.industax.com/services/property-tax/joint-property-tax) — Rent, home-loan benefits and capital gains for co-owners
- [Rental Income Tax for Landlords](https://www.industax.com/services/property-tax/rental-income-tax) — House-property income, deductions, TDS on rent and GST on commercial rent

## FAQs

### How is tax on sale of property calculated in India?

Capital gain = sale price (or stamp-duty value if higher, subject to a 10% tolerance) minus cost of acquisition, cost of improvement and transfer expenses. For property held over 24 months, the gain is taxed at 12.5% without indexation; residents who bought before 23 July 2024 can pay 20% with indexation instead if that is lower.

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Publisher: Indus Tax — CA-led tax and compliance firm (https://www.industax.com). Contact: info@industax.com, 9059139258.
This is general information, not advice for your specific facts.