Exemption u/s 54f

Since, language used in section 54F for availing exemption is different from other exemption sections of capital gain head. In 54F you have to invest full sale proceed of 45lakhs to get exemption of full capital gain of 35lakhs, but in case you have already invested in 54EC for getting exemption of 20 lakhs, and you need to get exemption of balance 15 lakhs only, then you need to invest 45/35*15= Rs 1928571.43 only. Refer section 54F for complete language.

Dear Rajat,

I agree with your point, but is there any case law for the same. And one more question, actually I have invested Rs.22 L in CGA for 54F, so whether I have to expand the Rs.19L and so or the whole amount i.e.Rs.22L.

if you have invested more than the required amount jn CGDS then it is also ok. and right now there is no case study in my mind regarding this, you can search it on internet.