Section 54F gives an exemption from long-term capital gains arising from the transfer of a long-term capital asset that is not a residential house if the proceeds are used to purchase or construct a residential house in India. The key is that the gain must be a long-term capital gain for Section 54F to be relevant.
No more 54F exemption for capital gains from Debt Funds - Read full article from FreeFincal
0 comments:
Post a Comment