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Capital Gains Tax Calculator for Property

www.ApnaPlan.com

Purchase Price 55,000 Fill only Orange Cells


Month & Year of Purchase Feb-2011 2 2011 2010
Sale Price 2,500,000
Month & Year of Sale Dec-2021 12 2021 2021
No of Years 10.8
As your Investment Period is MORE than 2 Years your gains/losses
qualify for LONG Term Capital Gains/Losses
Associated cost while buying (Brokrage, Stamp Duty, etc) 50,000
Month & Year of above Cost Feb-2011 2 2011 2010
Cost of Repair 1 50,000
Month & Year of Repair1 May-2015 5 2015 2015
Cost of Repair 2 50,000
Month & Year of Repair2 May-2018 5 2018 2018
Cost of Repair 3 1,500,000
Month & Year of Repair3 Dec-2020 12 2020 2020

YOU ARE COVERED UNDER = LTCG

LONG TERM CAPITAL GAIN CALCULATION (LTCG) SHORT TERM CAPITAL GAIN CALCULATION (STCG)
Purchase CII 167
Sale CII 280 #N/A
Associated Cost CII 167 In case of Property, STCG is added to income from other sources, and
a taxpayer pays tax at the rate applicable to him/her. There is NO
Repair 2 CII 254 indexation benefit available
Repair 3 CII 280
Repair 4 CII 280
Indexed Purchase Price 92,216 Purchase Price NA
Associated Cost While Purchase 83,832 Associated Cost While Purchase NA
Indexed Repair1 Cost 55,118 Total Repair Cost NA
Indexed Repair2 Cost 50,000 Sale Price NA
Indexed Repair3 Cost 1,500,000 Short Term Capital Gains NA
Total Indexed Repair Cost 1,605,118 Tax @ 10% slab NA
Total Cost 1,781,166 Tax @ 20% slab NA
Long Term Capital Gain 718,834 Tax @ 30% slab NA
Tax with Indexation @ 20% 143,767
Cess @ 3% 4,313
Total Capital Gains Tax 148,080 Click here
If you Want to Save Tax on
your Long Term Capital Gains

1/23/2017 AXP Internal 1


For any Queries write to -
apnaplan.com@gmail.com

As your Investment Period is LESS than 2 Years your gains/losses qualify for SHORT Term Capital G
SL. NO. FINANCIAL YEAR COST INFLATION INDEX (CII) As your Investment Period is MORE than 2 Years your gains/losses qualify for LONG Term Capital
1 2001 - 2002 100
2 2002 - 2003 105
3 2003 - 2004 109
4 2004 - 2005 113
5 2005 - 2006 117
6 2006 - 2007 122
7 2007 - 2008 129
8 2008 - 2009 137
9 2009 - 2010 148
10 2010 - 2011 167
11 2011 - 2012 184
12 2012 - 2013 200
13 2013 - 2014 220
14 2014 - 2015 240
15 2015 - 2016 254
16 2016 - 2017 264
17 2017 - 2018 272
18 2018 - 2019 280
19 2019 - 2020 280
20 2020 - 2021 280

1/23/2017 AXP Internal 1


ses qualify for SHORT Term Capital Gains/Losses
sses qualify for LONG Term Capital Gains/Losses

1/23/2017 AXP Internal 1


Capital Gains Tax Calculator for Property
www.ApnaPlan.com

Purchase Price 55,000


Month & Year of Purchase Feb-2011 2
Sale Price 3,172,000
Month & Year of Sale Dec-2021 12
No of Years 10.8

Associated cost while buying (Brokrage, Stamp Duty, etc) 20,000


Month & Year of above Cost Feb-2011 2
Cost of Repair 1 30,000
Month & Year of Repair1 May-2015 5
Cost of Repair 2 50,000
Month & Year of Repair2 May-2018 5
Cost of Repair 3 1,000,000
Month & Year of Repair3 Dec-2020 12

YOU ARE COVERED UNDER = LTCG

LONG TERM CAPITAL GAIN CALCULATION (LTCG)


Purchase CII 167
Sale CII 280 #N/A
Associated Cost CII 167
Repair 2 CII 254
Repair 3 CII 280
Repair 4 CII 280
Indexed Purchase Price 92,216
Associated Cost While Purchase 33,533
Indexed Repair1 Cost 33,071
Indexed Repair2 Cost 50,000
Indexed Repair3 Cost 1,000,000
Total Indexed Repair Cost 1,083,071
Total Cost 1,208,819
Long Term Capital Gain 1,963,181
Tax with Indexation @ 20% 392,636
Cess @ 3% 11,779
Total Capital Gains Tax 404,415 Click here
If you Want to Save
your Long Term Capita
Click here
If you Want to Save
your Long Term Capita
Calculator for Property For any Queries write to -
apnaplan.com@gmail.com
.com

Fill only Orange Cells SL. NO. FINANCIAL YEAR


2011 2010 1 2001 - 2002
2 2002 - 2003
2021 2021 3 2003 - 2004
4 2004 - 2005
As your Investment Period is MORE than 2 Years your gains/losses
qualify for LONG Term Capital Gains/Losses 5 2005 - 2006
6 2006 - 2007
2011 2010 7 2007 - 2008
8 2008 - 2009
2015 2015 9 2009 - 2010
10 2010 - 2011
2018 2018 11 2011 - 2012
12 2012 - 2013
2020 2020 13 2013 - 2014
14 2014 - 2015
15 2015 - 2016
16 2016 - 2017
17 2017 - 2018
SHORT TERM CAPITAL GAIN CALCULATION (STCG) 18 2018 - 2019
19 2019 - 2020
20 2020 - 2021
In case of Property, STCG is added to income from other sources, and
a taxpayer pays tax at the rate applicable to him/her. There is NO
indexation benefit available

Purchase Price NA
Associated Cost While Purchase NA
Total Repair Cost NA
Sale Price NA
Short Term Capital Gains NA
Tax @ 10% slab NA
Tax @ 20% slab NA
Tax @ 30% slab NA

Click here
If you Want to Save Tax on
your Long Term Capital Gains
Click here
If you Want to Save Tax on
your Long Term Capital Gains
Queries write to -
n.com@gmail.com

As your Investment Period is LESS than 2 Years your gains/losses qualify


COST INFLATION INDEX (CII) As your Investment Period is MORE than 2 Years your gains/losses quali
100
105
109
113
117
122
129
137
148
167
184
200
220
240
254
264
272
280
280
280
rs your gains/losses qualify for SHORT Term Capital Gains/Losses
ears your gains/losses qualify for LONG Term Capital Gains/Losses
max value min value
final asking price 3,288,000 3,172,000
cost of land 1,000,000 1.00E+06
cost of construction 1,400,000 1.40E+06
LTCG tax 148,080 404,415
brokerage 50000 50000
stamp duty 164400 158600
GST 164400 158600
miscallaneous
total cost 2,926,880 3,171,615
base cost 2,598,080
base cost w/o CGT 2,450,000

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