LTCG tax saving on Sale of Mutual Fund

Not eligible to claim exemption u/s. 54F IT act.

Amount already invested in house property before sale of the asset. Section 54F is not eligible for investment before the arise of capital gain.

Thank you Dhiraj Sir as always for your quick response..any possibility to use this in furniture for this house Or part payment which is due in next 2-3 month around 10-12 lakh

Can i use the captial gain for reminder of payments to be made from now onwards or in furnishing of newly constructed house

As per rule, if you are getting rent income from your commercial property, then you are not entitled to claim any exemption u/s. 54F IT act, as you have more than one property at the time of sell of the shares/MF units.