2025年3月18日 · Under Section 54 the IncomeTax Act, an individual or HUF selling a residential property can avail tax exemptions from Capital Gains if the capital gains are invested in purchase or construction of residential property.

2024年4月3日 · Sections 54, 54B, 54D, 54EC, 54F, 54G, and 54GA offer various benefits to individuals and entities. This article delves into the specifics of each section, including eligible assets, time limits for acquisition, exemption amounts, lock-in …

2025年3月6日 · Section 54 of the Income Tax Act provides exemption on long term capital gains from the sale of residential property if the proceeds from such sale are reinvested in purchasing or constructing another residential property within a specified time frame. Section 54F exemption is allowed only on long-term capital gains.

2023年11月3日 · Explore Section 54 Exemption's basics, amounts, and consequences in capital gains, with detailed computations and insights on tax-saving strategies.

2023年2月4日 · Section 54 of the Income Tax Act of India provides for tax exemptions on capital gains arising from the transfer of a long-term capital asset (such as a house property) if the gain is invested in a new residential property.

2024年11月25日 · The Income Tax Act provides significant relief to taxpayers with long-term capital gains through Sections 54 and 54F, encouraging reinvestment in residential properties. Here’s a comprehensive guide to help you understand the eligibility, conditions, and recent updates for both sections.

2023年6月29日 · Section 54 of the Income Tax Act provides capital gains tax relief to sellers of residential properties. This can only be availed if taxpayers use the proceeds to buy another residential property.

2021年3月11日 · According to section 54 of the Income Tax Act, if a seller of a residential property purchase or constructs another residential property with that money, he or she is entitled to capital gains tax benefits.

2023年10月24日 · Under Section 54 of the IncomeTax Act 1961, an individual or HUF selling a residential property can avail tax exemptions from Capital Gains if the capital gains are invested in the purchase or construction of the residential property.

2024年2月2日 · Section 54 of the Income Tax Act provides a capital gains tax exemption for individuals and Hindu Undivided Families (HUFs) on the sale of residential property. This exemption applies if the proceeds from the sale are reinvested in purchasing or constructing another residential property within the prescribed timeline.