Capital gains tax is the tax levied on the profit earned when selling a property in Bangalore. Only the difference between the selling price and the indexed purchase price is taxed, not the full sale amount.

Yes. Under Section 54, if you sell a residential property and buy another residential property within the prescribed time limits, you can claim full exemption on long-term capital gains, subject to conditions.

You can buy the new residential property one year before or two years after the sale, or construct a house within three years from the sale date to claim capital gains tax exemption.

Yes. Under Section 54F, if you sell land or a commercial property and invest the capital gains in a residential property, full exemption is available, provided you do not own more than one residential property at the time of sale.

Yes. You can invest in Section 54EC capital gains bonds such as NHAI, REC, or IRFC within six months of the sale. Up to ₹50 lakh can be exempt, and the bonds have a five-year lock-in period.

The Capital Gains Account Scheme (CGAS) is a special bank account where you can temporarily deposit your capital gains if you have not yet reinvested in a property or bonds. The funds must be used within the allowed timeframe to retain the tax exemption.

If you sell the newly purchased property before completing the minimum holding period, the capital gains exemption claimed earlier will be reversed and tax will become payable.