Long term capital gain and purchase of new flat
This query is : Resolved
Quick Summary
Rahul Garud
(Querist)
28 July 2023
I redeemed my mutual fund and sold some shares to partly fund my flat purchase. Under which section I can claim LTCG deduction. The transaction has been done within a two week time. Please guide.
28 July 2023
Assuming MF units also equity based, you can declare total transactions under Schedule 112A and claim exemption u/s. 54F in schedule CG.
12 September 2024
Good Luck.
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