Long term capital gains investment Under Sec54
This query is : Resolved
V Ishu Hegde
(Querist)
17 April 2026
X Sold residential Property for Rs.17500000 on 30/3/26 .Rs.17500000 17500000
Cost of acquistion on 1/4/2001 is rs 2386500 2386500
indexed cost of property Rs.8973240
ltcg Rs.8526760 15113500
X wants to take deduction under sec54 what is the amount to be invested in residential flat?
if he open a capital gains scheme ac by which date should the amt be in capital gains scheme?
Cost of acquistion on 1/4/2001 is rs 2386500 2386500
indexed cost of property Rs.8973240
ltcg Rs.8526760 15113500
X wants to take deduction under sec54 what is the amount to be invested in residential flat?
if he open a capital gains scheme ac by which date should the amt be in capital gains scheme?
Dhirajlal Rambhia
(Expert)
17 April 2026
1. For nil tax liability... Rs. 85.27 Lakhs.
2. Before filing relevant ITR or 31st July, 2026 whichever earlier.
2. Before filing relevant ITR or 31st July, 2026 whichever earlier.
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