Capital gains exemption under series of section 54

Only construction is also valid. Subject to all conditions are getting satisfied 

No any such rule of land being newly purchased...

Can land cost also be included in exemption under 54F when construction is done.

Originally posted by : Amit
	Can land cost also be included in exemption under 54F when construction is done.

Allowed

Section 54 applies when you sell a residential property and reinvest in another one (within 2 years of purchase or 3 years if constructing). Section 54F is for selling any other long-term capital asset and buying a house, but you cannot own more than one house on the date of sale. Section 54EC lets you invest up to Rs 50 lakh in bonds like NHAI or REC within 6 months, with a 5-year lock-in, and is open to all taxpayers. Our [Section 54 and 54F capital gains exemption guide](https://taxgarden.in/blog/capital-gains-exemption-section-54-54f-54ec) covers the eligibility conditions, the Rs 10 crore cap introduced in 2023, and worked examples for each route.