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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Exemption available from Capital gains This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Exemption available from Capital gains

What is Section 54F of the Income Tax Act?

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Ans.  Section 54F​ provides exemption for capital gains arising from the transfer of a long-term capital asset (other than a residential house property) if the gain is invested in one residential house property in India within the prescribed time limit.

 

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