Ways to save tax on LTCG for unlisted shares
This query is : Resolved
02 May 2024
I have unlisted shares as part of ESOP from my Org.
Can anyone elaborate how we can save Income tax if we are holding shares for >3yrs.
For 54F:
- Can we use for agri land ?
- Suppose I used 54f in current FY against purchase of my 2nd home... Is it possible to again use 54F against new home purchase after selling my first home.
Can anyone elaborate how we can save Income tax if we are holding shares for >3yrs.
For 54F:
- Can we use for agri land ?
- Suppose I used 54f in current FY against purchase of my 2nd home... Is it possible to again use 54F against new home purchase after selling my first home.
02 May 2024
1. No. sec 54F is for residential house purchased or constructed.
2. Yes, possible if at any time you are not holding more than two (second purchased) house property.
2. Yes, possible if at any time you are not holding more than two (second purchased) house property.
08 September 2024
Good Luck.
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