25 August 2025
A purchased property purchased residential property on 18/12 /2004 and sold on 14/2 /25 as per calculation without indexation he has made Long Term Capital gains of Rs. 4409500 and with indexation he has madeLong term capital gains of 2385000 he has made a purchase of residential property of Rs.4983000 on 23/01/25 The question is when he enters the data in TableD of itr3 for deduction under sec 54 in and make a claim for deduction of Rs. 4409500. it states check proper figs are enterd in table D.and not allowing to confirm the data 1 Is deduction under sec 54 available in a.y.2025-26? 2. what is the error being made by me that it is not accepting the fig and charging capital gains tax of 12.5% on 4409500? thanks
25 August 2025
We checked entering some data similar to above in offline Java utility ver. 1.2.1; but did not find any error. It got saved properly. So, check the figures in the table D again. There may be some mistake made by you.
CAclubindia
