Capital gains investing house property - 54f
This query is : Resolved
27 August 2019
Dear Tax expert team
For the last a few years activity do stock transaction (BSE/NSE) and I have Long term capital gains from same BSE/NSE transactions.
I purchased house in 2014 (pre - construction ) and registered the house in FY19 on home loan and I paid some amount towards home loan.
Can file 54F to use capital gains for the paid home and avail tax exemption for capital gains.
thanks
Sekhar
For the last a few years activity do stock transaction (BSE/NSE) and I have Long term capital gains from same BSE/NSE transactions.
I purchased house in 2014 (pre - construction ) and registered the house in FY19 on home loan and I paid some amount towards home loan.
Can file 54F to use capital gains for the paid home and avail tax exemption for capital gains.
thanks
Sekhar
28 August 2019
54F exemption not available on capital gains from sale of shares.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Regarding Applicability of Tax Audit u/s 44AB
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- TDS on TRUST
- Consolidated financials
- Withdrawal in cash from partners capital account by partner
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
