Purchase of house, avoid capital gain.

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....urchase of house, avoid capital gain.<br> Query (Issue) Started By: - sinha subod Dated:- 28-8-2025 Income Tax<br>Income Tax<br>1. We sold ancestral property of pre-1980 vintage. Have applied for valuation as in 2001.&nbsp; 2. Have been given to understand that paying capital gain at flat 12.5% without indexation will be more beneficial, i.e. approx. 75lacs. Ques 1. What will be additional surch....

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....arge / cess on this. I also will have approx 25lacs business income. 3. How can I save this capital gain by investing in another house / property. Details of my existing properties are: &nbsp; &nbsp; &nbsp;a. Property 01 - Purchased after selling one property each by self and spouse, and capital gain benefits availed.&nbsp; &nbsp; &nbsp; &nbsp;b. Property 02 - This property has been paid for fr....

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....om personal savings and through govt loan and possession taken in 2012. However the property has not been registered in my name. There is no individual issue as the full society has not been registered since DDA alloted an institutional plot to a Govt Organisation CGHS. Same is being regularized. I am paying property tax to MCD, and ground rent to DDA since possession, and showing rental income in....

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.... my ITR for past 10 years. However, reiterated, that this property is still not registered/transfered (first owner) in my name till date (which may happen later this year).&nbsp;&nbsp; &nbsp; Ques 2. Can I purchase one house to save capital gain, as technically only one house is registered in my name.&nbsp; 4. In case it is permissible, what is the time limit for purchasing property without open....

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....ing a capital gain account. Ques 3a. Do I have to purchase it before 31-March, 2026? Ques 3b. Does it imply full payment, or registry before 31-March, 2026?&nbsp;&nbsp;&nbsp;&nbsp; Ques 3c. What will be the additional rate of interest for payment on unutilized capital gain, as and when paid? Thank you very much Patrons, since I am in another state and getting varied advice to reduce payment of....

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.... full capital gain, which is substantial. Thank you, Subodh&nbsp;&nbsp;&nbsp;<br> Discussion Forum - Knowledge Sharing ....