Articles tagged “Section 54F”
2 articles.
- Section 54F: mutual fund redemption and residential house investment
Section 54F of the Income Tax Act 1961 provides exemption from long-term capital gains tax when the entire net consideration from sale of long-term assets …
- Section 54F exemption on MF redemption proceeds
Section 54F exempts LTCG from mutual fund redemptions if the net consideration is invested in a new residential property within specified time limits. …