Exemption under 54F
This query is : Resolved
24 July 2023
Respected Sir/ Madam,
If an Individual has made long term capital gains u/s.112A in a year and has purchased a house property in the same year out of those sale proceeds from shares . Is he eligible to claim exemption u/s. 54F ????
Is capital gain u/s. 112A eligible for exemption u/s. 54F???
If an Individual has made long term capital gains u/s.112A in a year and has purchased a house property in the same year out of those sale proceeds from shares . Is he eligible to claim exemption u/s. 54F ????
Is capital gain u/s. 112A eligible for exemption u/s. 54F???
24 July 2023
Yes, eligible.
13 September 2024
Good luck.
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