Long term capital gains investment Under Sec54

This query is : Resolved

V Ishu Hegde (Querist)
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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?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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17 April 2026 1. For nil tax liability... Rs. 85.27 Lakhs.
2. Before filing relevant ITR or 31st July, 2026 whichever earlier.

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