Capital gains tax depends heavily on asset type and holding period
Property, equity, mutual funds, gold, unlisted shares and debt funds can have different rules. Multiple sales in one year require gain/loss netting and advance-tax review.
Situations this page is built for
- Sold property and need Section 54/54F exemption calculation.
- Broker capital gains statement is confusing.
- Listed or unlisted share sale.
- Mutual fund redemptions across categories.
- Gifted or inherited property cost basis.
- Multiple asset sales in one year.
Documents required
- Sale deed and purchase deed for property.
- Broker statement with scrip-wise FIFO capital gains.
- Mutual fund redemption statements.
- Cost Inflation Index reference for indexed cost.
- Improvement expense receipts.
- New property proof for Section 54 exemption.
Process
Classify assets
Separate equity, property, gold, debt, unlisted shares and other assets.
Check holding period
Decide LTCG or STCG treatment.
Apply rate and exemption
Review Section 54/54F or other eligible relief.
Compute advance tax
Large gains may trigger advance-tax impact.
Report correctly
Fill Schedule CG and related ITR fields.
Common mistakes
- Not claiming indexation benefit where available.
- Applying outdated debt fund treatment.
- Missing Section 54 deadline.
- Not accounting for STT and threshold rules for equity gains.
Capital Gains Tax Services: year and source check
Last fact-checked: 25 May 2026.
AY 2026-27 means FY 2025-26 income under the Income-tax Act, 1961. Tax Year 2026-27 means FY 2026-27 income under the Income Tax Act, 2025. Do not mix the two labels.
Use official portal pages, CBDT notifications, the supplied Act PDF and ICAI material before making a filing, payroll, TDS/TCS or rebate decision.
FAQs
Which year should I use for Capital Gains Tax Services?
Use AY 2026-27 for FY 2025-26 income under the Income-tax Act, 1961. Use Tax Year 2026-27 for FY 2026-27 income under the Income Tax Act, 2025.
What documents should I share with a tax expert?
Share the portal screenshot, exact year, income breakup, certificates, AIS/Form 26AS, notices, challans and any computation already prepared.
Can WorkIndex help me find a specialist?
Yes. Post a requirement with the legal year, records and deadline so experts can quote on the real issue instead of a generic page title.
Capital Gains Tax Services: year and source check
Last fact-checked: 25 May 2026.
AY 2026-27 means FY 2025-26 income under the Income-tax Act, 1961. Tax Year 2026-27 means FY 2026-27 income under the Income Tax Act, 2025. Do not mix the two labels.
Use official portal pages, CBDT notifications, the supplied Act PDF and ICAI material before making a filing, payroll, TDS/TCS or rebate decision.
What to verify for Capital Gains Tax Services
- Correct financial year, assessment year or tax year.
- Taxpayer type, age category, residential status and business/profession status.
- Exact income heads, including salary, house property, business/profession, capital gains, VDA and other sources.
- AIS/TIS, Form 26AS, TDS/TCS certificates, challans and portal pre-fill.
- Deductions/exemptions allowed in the selected regime and current ITR utility validation rules.
- Whether the issue is a calculation, filing, notice response, rectification, appeal or advisory position.
Capital Gains Tax Services: year and source check
Last fact-checked: 25 May 2026.
AY 2026-27 means FY 2025-26 income under the Income-tax Act, 1961. Tax Year 2026-27 means FY 2026-27 income under the Income Tax Act, 2025. Do not mix the two labels.
Use official portal pages, CBDT notifications, the supplied Act PDF and ICAI material before making a filing, payroll, TDS/TCS or rebate decision.
What to verify for Capital Gains Tax Services
- Correct financial year, assessment year or tax year.
- Taxpayer type, age category, residential status and business/profession status.
- Exact income heads, including salary, house property, business/profession, capital gains, VDA and other sources.
- AIS/TIS, Form 26AS, TDS/TCS certificates, challans and portal pre-fill.
- Deductions/exemptions allowed in the selected regime and current ITR utility validation rules.
- Whether the issue is a calculation, filing, notice response, rectification, appeal or advisory position.