Section 54F deduction and ITR

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suren (Querist)
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08 July 2024 Dear Experts,

The assessee has derived long term Capital Gain u/s. 112A on listed equity shares on different dates during the FY 2023-24 and reinvested in residential house eligible for section 54F. In the return of income, while claiming the deduction, date of transfer of original assets is to be filled in. Here, there are 8-10 scrips sold on different dates. Which date is to be put in the column? Or each and every scrip is to be put in the column calculating gain on each scrip?

Please advise.

Thanks and regards,

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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08 July 2024 Yes, the details is to be given based on invoice date.

suren

suren (Querist)
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08 July 2024 Thank you Sir. That means assessee has to put scrip wise/date wise details for number of times. Am I correct?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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08 July 2024 Yes. You may combine few entries of nearby dates of same script..

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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26 August 2024 Good luck.

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