Filing 54F: What do I need to fill in Schedule CG, in D table for 54F

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It is not clear what needs to be entered in each of these fields. For purchasing an apartment, I have redeemed my investments (long term) in batches (May 2022, Nov 2022). The transaction of the apartment started in Oct 22 and apartment was registered in April 2023. In March 2023, I have moved money (apart from token) to the CGAS account and used it in April 23 for balance payments (+prepaying loan in June 23).

But the below fields are not clear:

1. Date of Transfer of Original Asset: I have multiple dates, so do I have to enter each sell date?

ERROR: When I fill up first redemption date I get an error: Error :If date field is entered then either of ii and iii or iv should be filed. What is this ii and iii or iv?

2. Date of Purchase/Construction of new residential house: Apartment buying started in Oct 22 and ended in Apr 23. So which date I have to provide.

3. Cost of new residential house (understand this is the ultimate cost + registration fees/stamp duty?)

4. Amount deduction claimed: What do I have to provide here, the LTCG deduction claimed or the actual amount redeemed in point 1?

ERROR: error :deduction u/s. 54f claimed here (table d) should match with total of deduction(is) claimed in respective asset. Which value it should match with?

5. Amount deposited in Capital Gain Account Scheme before due date: I deposited all except the token paid in Oct as it was utilized already. 

Please can someone help in this.

 


Attached File : 3884232 20230614191722 table d 54f.jpg downloaded: 98 times
Replies (6)

Any luck you had for solving this issue. I am facing same problem

Please enter the deduction amount in respective table deduction column and enter the same in table D respective section.

To claim 54 and 54 f, one can buy in advance also, why capital gain account mandatory *ed. Getting error "deduction claimed u/s 54f should match with table d"

where is table D? am not understanding what is getting matched against the section 54f claims.  i have ltcg gain by selling plot that i m off setting with new house purchased with section 54f. i hv filled ltcg born from land sale. and house purchase details in 54f. where else i need to match details

@ Jitendra sonar

Patiently , slowly, scroll down in CG, and you will find it.

You have to enter details of money spent from 54F [earlier years] for purchase of property, date, amount,  before 23 July 2024 or After 23 July 2024 etc.

Now it is very late of course, and I hope you are able to file your return within the deadline after paying any Self Assessment Tax [calculated by the utility]

@ jitendra sonar

More details :-

ITR-2

Schedule CG,->

Section-1,->

Subsection D,->

Sub sub section 1,->

Sub sub sub section d

Fill up all details in "d"

Hope it is amply clear now.


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