sir
is the assessee eligible for 54 F claim if he made investment in purchase of old house owned by sisters for transfer of rights
Section 54F provides exemption to capital gains arising from transfer of a long-term capital asset other than a residential house property (for instance, it may be a plot of land, commercial house property, gold, shares etc but not a residential house property).
Read more at: https://www.caclubindia.com/articles/capital-gains-exemption-from-tax-u-s-54-54f-23471.asp
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