Deduction us 54F
This query is : Resolved
23 June 2023
Assessee has sold shares in March 23 and incurred long term capital gain
In the same month March 23 he has purchased residential house
Assessee before this purchase owns 3 residential properties jointly with wife
My question is whether he can claim deduction u/s 54F for long term capital gain incurred on shares ?
In the same month March 23 he has purchased residential house
Assessee before this purchase owns 3 residential properties jointly with wife
My question is whether he can claim deduction u/s 54F for long term capital gain incurred on shares ?
23 June 2023
No. Not eligible.
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