ITAT Kolkata allowed a woman Section 54F exemption on Rs 26 crore LTCG from share sale after she invested proceeds in ...

Investors selling shares or mutual funds can claim Section 54F LTCG exemption if proceeds are invested in a residential house or plot, with timelines.

Selling mutual funds or shares? Learn how Section 54F of the Income Tax Act helps you save long-term capital gains tax by ...

Would the capital gains tax apply to the redeveloped flat, which you took ownership of in 2024 and wish to sell in 2026? Today’s Ask Wallet Wise explains how Section 54F of the Income Tax Act, 1961, ...

A taxpayer successfully challenged an Rs 83 lakh capital gains tax exemption denial in ITAT Mumbai. The Income Tax officer erred by reopening the assessment without specifying the Section 54F ...

The Tribunal held that deduction under Section 54F must be computed with reference to actual sale consideration received, not the deemed value under Section 50C. The matter was remanded for ...

The Tribunal held that capital gains must be computed using the final stamp value determined after litigation, not an earlier inflated valuation, and directed deletion of the resulting ...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 90th part of this series, Riju Mehta talks about the tax ...

A woman successfully claimed capital gains tax exemption on Rs 26 crore from selling shares. The Income Tax Appellate Tribunal in Kolkata ruled in her favour, allowing her claim under Section 54F. She ...

Investment in gold can happen through various avenues: physical pure gold like coins or bars, gold jewellery, or even through digital forms and investment avenues like exchange trade funds (ETFs), ...

I trust you have cross checked the AIS and TIS before filing Return of Income. From this year, Income Tax has purposefully not processed returns where there is discrepancy evident from the details ...

Section 54F of the Income Tax Act, 1961 allows individual and HUF taxpayers to save tax on long term capital gains (LTCG) coming from the sale of a long-term capital asset, other than a residential ...