Mint

Can I use the sale amount of land to buy a shop and get an exemption under Section 54F?

Long-term capital gains on the sale of land would be taxable unless reinvested in a residential house or capital gains bonds. No exemption is available if the sale proceeds are used to purchase a ...

Will delayed house possession affect your Section 54F capital gains tax exemption?

For self-construction or booking an under-construction property under section 54F, the prescribed period is three years for ...
The Financial Express

Man sells shares, invests Rs 40 crore capital gains to buy 6 luxury flats; tax exemption on gains denied – ITAT still gives relief

Mumbai ITAT has ruled that six flats spread across three floors can be treated as one residential house for tax exemption under Section 54F, if they are structurally combined and used as a single unit ...
moneycontrol.com

Investing plot sale proceeds in an under-construction property? Here’s how Section 54F works for LTCG exemption

Did our AI summary help? Today’s Ask Wallet-Wise explains how Section 54 applies to claim LTCG exemption on proceeds used for buying an under-construction property. Ask Wallet-Wise initiative offers ...