Indexation on ltcg on property sale

venkat b. (Querist) 27 April 2025 This query is : Resolved
sir,
i purchased a property in 2000 and selling it off in 2025. can i claim indexation or not?

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T. Kalaiselvan, Advocate Online

(Expert) 27 April 2025
Yes you can very well claim the benefits accordingly.

venkat b. (Querist) 27 April 2025
thank you very much sir. This doubt has been told by my CA that beginning from FY2025-26, the indexation benefit has been totally removed even for properties purchased prior to 2001 and sold after April 1, 2025. thanks for confirming that the indexation is still availabe. Regards.

venkat b. (Querist) 27 April 2025
Sir, can you tell me if i can buy two residential houses by selling one residential property.

T. Kalaiselvan, Advocate Online

(Expert) 27 April 2025
The indexation benefit has been removed for most assets. For land and building sold after July 23, 2024, the tax rate is 12.5% without indexation. If acquired before that date, taxpayers can choose between 12.5% without indexation or 20% with indexation.

T. Kalaiselvan, Advocate Online

(Expert) 27 April 2025
Though the law requires investment to be made in one residential house property in India but there is a one-time exception where you can invest the capital gains arising from the sale of one residential house in two separate residential houses provided the amount of long-term capital gains does not exceed Rs. 2 crores.

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