1. On 18-Dec-2021 - Mr. Anand bought a residential flat with consideration amount - Rs. 60 lakhs. This is his first flat / residential house.
2. From 1-April-2021 to 15-Dec-2021 - Mr. Anand has sold multiple equity Shares of different companies on different occasions and he incurred Long Term Capital Gains.
3. From 1-April-2021 to 15-Dec-2021 - Mr. Anand has made a capital gains of Rs. 17 Lakhs. (total sale consideration is 52 Lakhs)
As per applicable LTCG tax - Rs. 1,70,000/- should be submitted as LTCG Tax.
WHETHER Mr. Anand can take the benefit of section 54F as it talk about purchase of residential house before one year also ?