Capital gain

Tax queries 123 views 1 replies

Hi,

In capital gain for claiming exemption under section 54 or 54F should I need to invest LTCG OR tax on LTCG in "capital gain account scheme"?

Replies (1)
to claim deduction under 54, if you deposit your capital gain, that's enough. but in case of 54f, the entire net sale consideration required to be deposited in cgas or in new asset


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