LTCG on Flat Sale & Section 54 Exemption — Complete Guide
Long Term Capital Gain on property sale: 12.5% vs 20% with CII indexation, Section 54 conditions, CGAS deposits, Section 54EC bonds — everything you need before selling your flat.
Updated for Income-tax Act, 2025
Latest tax notifications, compliance calendar, and expert guides on GST, Income Tax, and TDS — all in one place.
Key changes under Income-tax Act, 2025 & Finance Act, 2026
CBDT notified new Income-tax Rules, 2026 effective 1 April 2026. Rules reduced from 511 to 333, forms from 399 to 190. New Tax Year terminology replaces AY/FY.
CBDT amended GAAR provisions with clearer guidance on Approving Panel process and documentation standards. Effective 1 April 2026.
Crypto and digital asset accounts now reportable under FATCA/CRS framework. All financial institutions must comply from 1 January 2026.
Non-audit business/professional taxpayers now have until 31 August (earlier 31 July). Salaried taxpayers retain 31 July deadline.
Taxpayers can now file revised return up to 31 March (12 months). Filing after 9 months attracts fee of ₹1,000 or ₹5,000.
Get the latest tax updates and compliance reminders directly on WhatsApp.
Follow on WhatsApp| Due Date | Compliance | Type | Status |
|---|---|---|---|
| 7 Jun | TDS deposit — Govt deductors (previous month) | TDS | Overdue |
| 11 Jun | GSTR-1 — Monthly filers (previous month) | GST | Overdue |
| 15 Jun | Advance Tax Q1 — 15% of estimated annual tax due | IT | Due Today! |
| 20 Jun | GSTR-3B — Monthly filers (previous month) | GST | Due in 5d |
| 25 Jun | GST PMT-06 — QRMP monthly challan | GST | Upcoming |
| 30 Jun | TDS deposit — Non-govt deductors (previous month) | TDS | Upcoming |
* Due dates per Income-tax Act 2025 and GST Act. Dates falling on public holidays may shift to next working day. Confirm with your CA for your specific category and state.
Detailed articles on GST, Income Tax, TDS, and Forensic Accounting
Long Term Capital Gain on property sale: 12.5% vs 20% with CII indexation, Section 54 conditions, CGAS deposits, Section 54EC bonds — everything you need before selling your flat.
Export under LUT (no IGST) or with IGST payment and claim refund? Complete guide for Indian exporters and SEZ suppliers — ITC refund calculation, Rule 89/96A, and best method comparison.
A comprehensive breakdown of Input Tax Credit eligibility conditions, blocked credits under Section 17(5), and the critical Rule 36(4) reconciliation requirement.
Complete TDS rate chart for FY 2026-27 covering all sections from 192 to 194T — including new Section 194T (partner payments), 194R (perquisites), and 194S (crypto/VDA).
A detailed analysis of old vs new tax regime for FY 2026-27 with break-even salary analysis, optimal deduction scenarios, and a decision framework.
Complete walkthrough of GSTR-9 annual return filing — what to check before filing, common mistakes, and how to handle FY 2024-25 reconciliation differences.
A professional overview of forensic accounting methodology — fraud red flags, investigation techniques, and how financial forensics is used in Indian legal proceedings.
Complete guide to advance tax — who is liable, installment schedule, how to calculate each installment, and interest implications of non-payment under Section 234C.
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