I had paid the full amount of ₹ 23 lakh to the builder to buy an apartment in 2013, and had got possession the same year without getting the apartment registered in my name. I got the apartment registered only in August 2025 for ₹ 23 lakh—the amount which I had paid in 2013. Since I have had possession of the apartment since 2023, does the gain of ₹ 7 lakh fall under long-term or short-term capital gains? Since you held the apartment till December 2025, the gains arising from the sale of the agreement would be long-term capital gains, as the apartment was held for more than 24 months. Whereas, as per the second method, you are liable to pay about ₹87,500 capital gains tax.
