54F With US Stocks for Loan flat
This query is : Resolved
Nitin Bansal
(Querist)
26 January 2024
Situation :
Bought house in April-23 on loan in India.
Sold US Stocks in December-23 on long term capital gain.
Can we use 54F to offset these capital gain by paying loan amount?
Bought house in April-23 on loan in India.
Sold US Stocks in December-23 on long term capital gain.
Can we use 54F to offset these capital gain by paying loan amount?
CA R SEETHARAMAN
(Expert)
26 January 2024
Yes, you can offset these capital gain by paying loan amount.
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