LTCG of current and previous years -adjusted vs Apartment cost

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This discussion clarifies how Long Term Capital Gains (LTCG) from selling stocks and land can be used to offset the cost of a newly purchased apartment, potentially qualifying for Section 54F exemption. It also confirms that interior decoration costs can be added to the apartment's cost basis, but furniture and home appliances cannot.

gk (Querist)
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30 July 2023 Dear Peers🙏

I have bought an apartment costs aprox 77 lakhs in the last year, FY 2022-23 and have LTCG (sale of stocks) of 75 lakhs in the same year 2022-23. At the same time I have around 16 lakhs LTCG (sale of land) in FY 2020-21. Whether the above both LTCG 75 + 16 can be adjusted to the cost of apartment 77 lakhs?

Whether The furniture/home appliances and interior costs can be added in the apartment costs?

Anticipating your response
Regards, KVG