Regarding clearification on sec 54 F

This discussion clarifies the application of Section 54F of the Income Tax Act regarding capital gains exemption when purchasing property. The core question is whether buying two houses within the same financial year, when the assessee previously owned none, contravenes the provisions of Section 54F. The consensus is that purchasing two houses in the same financial year will likely lead to the denial of the exemption. Two alternative solutions are proposed: deferring the purchase of the second property to the next financial year, or investing in a family member's name.