54F disallowance taxed at what rate

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narayan (Querist)
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25 August 2025 still confused .

for 54 f disallowance ( EQUITY ) of previous financial year , what is the rate of tax . is it based on the date of original transaction or the date on which the exemption was withdrawn ( the condition broken ).
the original sale date was 10/08/2023 ie before 23 july 2024 . The condition was broken on 18/11/2024 ie after 23 july 2024 .so what is the rate 10 % or 12.50 %

and how to subtsantiate this

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 August 2025 The rate applicable on the date of withdrawal.... 12.5%.

narayan

narayan (Querist)
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25 August 2025 But where does it say this that it is the date the condition was broken and not the date of original transaction . It says if sale was before 23 july 2024, it is 10 %. My CA Friends are saying it should be 10 %.. How to substantiate this ???.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 August 2025 Refer:: https://1finance.co.in/blog/how-to-save-capital-gains-tax-section-54f/

https://www.taxmann.com/research/income-tax/top-story/105010 six zeroes 14817/provisions-of-section-54f-have-to-be-complied-with-scrupulously-experts-opinion

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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21 September 2025 Good luck....

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