Section 54f


This query is : Resolved 

10 April 2012 Dear Experts,

What is Sec. 54F.

Thanks in Advance....

10 April 2012 https://www.simpletaxindia.net/2011/05/capital-gain-exemption-us-54f-invest-in.html

10 April 2012 It is an exemption section where in if an individual or HUF has transferred any long term capital asset and invested the sale consideration in any residential house property either within 1 year or after 2 years from date of transfer, then capital gains on such transfer is exempt from tax.


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