Tax Advisory Services on Property Sale
Selling property looks straightforward until taxation enters the picture. Capital gains, TDS deductions, exemptions, and paperwork can quickly turn a simple sale into a confusing exercise.
Most property owners end up asking the same questions:
How much tax do I actually pay?
What exemptions can reduce it?
Why has the buyer deducted TDS?
How do I report this in my return?
Let’s break it down and make it simple.
At N D Savla & Associates, we provide end-to-end tax advisory and compliance support for individuals and NRIs planning to sell residential or commercial property in India.
What We Offer ?
Under our property sale tax advisory services, we handle:
Calculation of short-term and long-term capital gains
Advice on cost indexation and improvement costs
Guidance on TDS applicability under Section 194IA and 195
Preparation and filing of Form 26QB for TDS on property
Refund claims for excess TDS deducted by buyer
Planning exemptions under Sections 54, 54EC, and 54F
Reinvestment strategy to minimize tax
Drafting proper disclosures in Income Tax Returns
Advisory on joint property sales and inherited property
Support in replying to notices related to property transactions
You don’t have to guess the numbers. We compute them accurately before you finalize the deal.
Tax Planning Before the Sale.
Good advice starts early.
We review:
your purchase documents
agreement values
stamp duty amounts
renovation expenses
eligibility for reinvestment exemptions
This helps determine the true tax impact even before you sign the sale agreement.
TDS Issues on Property Sale.
Buyers often deduct TDS without understanding the seller’s situation. For NRIs, withholding tax rules are even more complex.
Our team manages:
Form 15CA and 15CB certification
Lower TDS deduction applications
Reconciliation of TDS with actual tax liability
Filing for TDS refunds
Proper handling here saves clients both time and blocked funds.
Why Choose Us ?
People prefer big chartered accountant firms in Mumbai for property taxation because the stakes are high. One wrong calculation can cost lakhs in unnecessary tax.
What this really means for you:
Accurate Capital Gain Computation – based on law and proper documentation
Practical Exemption Planning – tailored to your financial goals
Direct Coordination – with buyer, banks, and tax departments
Notice Support – even after the transaction is completed
Clear Guidance – no jargon, only actionable steps
You get advisors who treat the property sale as a financial event, not just an ITR entry.
Who Can Use These Services ?
Our services are ideal for:
Individuals selling their first property
Joint property owners
Sellers of inherited or gifted property
NRIs disposing Indian assets
Real estate investors
Taxpayers facing TDS refund issues
Anyone who has received an income tax notice on property sale
Frequently Asked Questions.
1. What tax applies on property sale?
Capital gains tax applies depending on holding period and nature of property.
2. How is long-term capital gain calculated?
Sale value minus indexed purchase cost and eligible expenses.
3. Can exemptions reduce tax?
Yes. Reinvestment in another house or specified bonds can reduce or eliminate tax.
4. Why does the buyer deduct TDS?
Law requires buyers to deduct TDS while purchasing property above specified limits.
5. Do I need to file return after selling property?
Yes. The transaction must be properly reported in your Income Tax Return.
6. Can NRIs claim TDS refunds?
Yes. After final tax computation, excess TDS can be claimed as refund.
7. What documents are required for capital gain calculation?
Purchase deed, sale deed, stamp duty receipts, and improvement bills.
8. Can you help with lower TDS certificates?
Yes. We apply to the department for reduced TDS deduction.
Areas We Serve.
We provide advisory on property sale taxation across Mumbai and surrounding regions, including Andheri, Borivali, Dadar, Kurla, Thane, Vasai, Navi Mumbai, and for NRIs located worldwide.
Planning to Sell Property?
If you are checking websites of chartered accountant firms in Mumbai for reliable tax advisory on property sale, you’re in the right place.
Contact N D Savla & Associates for clear tax planning and accurate capital gain computation before you close your property deal.
