Section 54F – Save Capital Gains Tax by Investing in Residential Property

Section 54F

What is Section 54F? Section 54F of the Income Tax Act allows individuals and HUFs to claim exemption from long-term capital gains (LTCG) if the gains are reinvested in buying or constructing a residential house in India. It applies only when you sell any long-term asset other than a residential house (like land, gold, commercial … Read more