What we compute
- Holding period – whether the gain is short-term or long-term for that asset.
- Cost of acquisition – including fair market value as on the grandfathering date where the law allows, and cost of improvement.
- Transfer expenses and the correct sale consideration, including stamp duty value for property.
- Applicable rate – rates and holding periods were revised from 23 July 2024; we apply the rules for the date of sale.
Reducing the tax lawfully
- Reinvestment in a residential house, or in specified bonds, within the time limits
- Capital Gains Account Scheme deposit where reinvestment is not complete by the return due date
- Set-off of capital losses and carry forward
These were sections 54, 54EC and 54F under the 1961 Act and continue under the Income-tax Act, 2025.
NRIs selling property in India
Buyers must deduct TDS when buying from an NRI. A lower deduction certificate can reduce the TDS to the actual tax liability. We also help with repatriation documents. See NRI services.
Frequently asked questions
Do I need to pay advance tax on capital gains?
Yes, generally in the instalment after the gain arises. See advance tax.
How are mutual fund and share gains reported?
In the capital gains schedule of the return, using the broker and registrar statements, scrip-wise where required.
Can joint owners split the gain?
Each co-owner reports gain in proportion to their share, supported by the purchase documents and source of investment.
This page gives general information about Agar & Co. and its services. It is not an advertisement or solicitation, and it should not be treated as professional advice. Rates, thresholds and due dates change from time to time.