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Section 54F deduction

This query is : Resolved 

30 August 2022 I had recently sold a listed stock resulting in a long term capital gains. I already own one house and had entered into buying an apartment in 2014. I had made several instalments till 2019. However, the sale deed for the property was finally registered on 31st march 2022. Will I be able to claim deduction under section 54F of the act for the capital gains as the registration of sale deed happened within 1 year prior to the capital gains.

30 August 2022 As the payments were made in installments, it is said to be construction of house property, and hence sec. 54F will not be applicable in the payments made before sale of the stocks.


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