If you've sold mutual fund units or shares to fund a new flat purchase within a short timeframe, you can claim a deduction under Section 54F. Ensure your mutual fund units are equity-based. You'll need to declare these transactions under Schedule 112A and then claim the exemption in Schedule CG.
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.