54F With US Stocks for Loan flat
This query is : Resolved
26 January 2024
Situation :
Bought house in April-23 on loan in India.
Sold US Stocks in December-23 on long term capital gain.
Can we use 54F to offset these capital gain by paying loan amount?
Bought house in April-23 on loan in India.
Sold US Stocks in December-23 on long term capital gain.
Can we use 54F to offset these capital gain by paying loan amount?
26 January 2024
Yes, you can offset these capital gain by paying loan amount.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Errors in lTDS FORM 26 QB FILING FOR Last instalment payment FOR HOUSE PROPERTY PURCHASE
- TDS deposited by party after the filing of income tax returns
- Reg Correction Form 15CB & 15CA
- Regarding Capital gain of NRI
- Gstr9 fy23-24
- Rebate u/s 87a on STCG / LTCG - New tax regime
- Query on Cheque
- EXEXMPTION U/S 54 AFTER DEATH OF ASSESSEE
- Regarding TDS refund u/s 194B & 194G of AY 2024-25
- GST Input disallowed on account of e invoice not issued by supplier
- Books of accounts for gratuity fund trust
- Is Home Orderly Allowance available to Judicial Officers of India, Taxable?
- Voluntary gst tax given in DRC FORM 3 US 122 AND US125
- Rule 42 Calculation
- At least one Business Code is mandatory either in Schedule Nature of Business or at Point 61
- Fixed assets to be expensed out resulting nil value
- ITC RECREDIT NOT SHOWN IN GSTR 9
- Regarding Tata Motors Stock
- GSTR9 ITC AVAILED CLARIFICATION
- Gstr9 2023-24
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
