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Section 54f of the income tax act provides the exemption on long term capital gains on sale of any capital asset (other than a residential house), provided one residential property is purchased. Section 54f of the income tax act is one such section of the income tax act that allows tax exemption on the sale proceeds from capital assets except house property if such. Learn how to save tax on capital gains under sections 54 & 54f.
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Learn how to save capital gains tax on the sale of equity shares in india under section 54f of the income tax act. Section 54f of the income tax act provides exemption long term capital gains on sale of any capital asset (other than a residential house), provided one residential property is purchased. However, if the ltcg arises from the sale of a residential.
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Understand section 54f of the income tax act 2025, which provides capital gains tax exemption on selling assets other than a house if proceeds are reinvested in residential. Key rules, timelines, and updates to help you invest wisely. Section 54f is a section of the income tax which allows the investor to avail tax benefits on their ltca earned by the investor by means of selling capital assets excluding a house/residential.
