About the Resale Profit Calculator
What is the Resale Profit Calculator?
The difference between the purchase and sale price overstates your gain. This resale profit calculator subtracts stamp duty and registration, renovation costs, brokerage and capital gains tax to show what you actually made.
For long-term gains on property bought before 23 July 2024, it applies the lower of 12.5% or 20% with indexation, and it gives the annualised return after tax.
How to use the Resale Profit Calculator
- Purchase Price (₹) (sample: 60,00,000)
- Stamp Duty & Registration Paid (₹) (sample: 4,20,000)
- Renovation / Improvements (₹) (sample: 3,00,000)
- Sale Price (₹) (sample: 90,00,000)
- Brokerage on Sale (%) (sample: 1)
- Holding Period (months) (sample: 60)
- Financial Year of Purchase (sample: 2020-21)
- Your Income Tax Slab Rate (sample: 30%)
- Press Calculate Resale Profit (results also refresh as you type). The result card shows the Net Profit After Tax, along with Profit before tax, Capital gains tax, Type of gain and Annualised return after tax.
Formula used
Net profit = Sale − Brokerage − (Purchase + Stamp duty) − Improvements − Capital gains tax
- Annualised return = ((Total cost + Net profit) ÷ Total cost)^(1 ÷ years) − 1
Holding costs such as maintenance and property tax are not included.
Worked example
These are the sample values already filled in the calculator above, and the result it returns for them:
| Input | Sample value |
|---|---|
| Purchase Price (₹) | 60,00,000 |
| Stamp Duty & Registration Paid (₹) | 4,20,000 |
| Renovation / Improvements (₹) | 3,00,000 |
| Sale Price (₹) | 90,00,000 |
| Brokerage on Sale (%) | 1 |
| Holding Period (months) | 60 |
| Financial Year of Purchase | 2020-21 |
| Your Income Tax Slab Rate | 30% |
| Result | Value |
|---|---|
| Net Profit After Tax | ₹20,82,759 |
| Profit before tax | ₹21,90,000 |
| Capital gains tax | ₹1,07,241 |
| Type of gain | Long-term (held over 24 months) |
| Annualised return after tax | 5.55% |
How property sales are taxed
| Situation | Tax treatment |
|---|---|
| Held 24 months or less | Short-term gain, added to income and taxed at your slab rate |
| Held over 24 months, bought on or after 23 July 2024 | Long-term gain at 12.5% without indexation |
| Held over 24 months, bought before 23 July 2024 (resident individual or HUF) | Lower of 12.5% without indexation or 20% with indexation |
| NRI seller | 12.5% without indexation; the buyer deducts TDS under Section 195 |
Add 4% health and education cess, and surcharge (capped at 15% on capital gains) when total income exceeds ₹50 lakh.
Tips for using the Resale Profit Calculator
- Selling within 24 months turns the gain into short-term gain taxed at your slab rate.
- Stamp duty, registration and improvement costs all reduce your taxable gain; keep the receipts.