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54F HOUSE
Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?- Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legally
- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystem
- Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...08 Jun, 2026, 09.52 AM IST
- Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...22 May, 2026, 07.21 AM IST
- Can I claim LTCG exemption in same year if I buy a property before selling existing one?ET Wealth Reader's Query: Will buying an apartment before selling the existing one still allow me to claim long-term capital gains exemptio...05 May, 2026, 04.15 PM IST
- Why You Should Never Store Potatoes in the FridgeRefrigerating potatoes is a common mistake that spoils their flavour and texture. Cold temperatures convert starch to sugar, causing bitter...22 Apr, 2026, 04.59 PM IST
- Man sold land for Rs 3.21 crore, denied tax relief under Section 54F: Why ITAT Pune allowed full tax exemptionA Pune man successfully challenged the Income Tax Department, securing a full tax exemption on his Rs 3.21 crore land sale. Despite a techn...07 Mar, 2026, 11.51 AM IST
- Lady sells listed equity shares for Rs 26 crore and constructs house, pays no capital gains tax; ITAT Kolkata rules in her favourA woman successfully claimed capital gains tax exemption on Rs 26 crore from selling shares. The Income Tax Appellate Tribunal in Kolkata r...14 Feb, 2026, 12.32 PM IST
- How to pay zero or lower income tax on your residential property sale using Sections 54 and 54FIndian income tax laws offer exemptions on long-term capital gains (LTCG) from selling residential property and land. Sections 54 and 54F o...03 Sep, 2025, 09.01 AM IST
- No income tax for lady who sold land for Rs 4.5 crore; Know how a 1955 circular and established case laws saved the day for herSeema S sold property in Patna. She incorrectly claimed Section 54 for LTCG tax exemption. The tax officer rejected her claim. Seema appeal...29 Aug, 2025, 04.43 PM IST
- 90 crore tax deduction approved! Delhi HC allows 54F income tax deduction for buying multiple floors! Here's what it means for youIn a decision bringing clarity to Section 54F deductions under the Income Tax Act, the Delhi High Court has clarified that owning multiple ...20 May, 2025, 11.03 AM IST
- When to use Capital Gains Account Scheme to save income tax if you made long-term capital gains after selling land, property, equities, etc.?Capital gains: Both Indian residents and NRIs can use Capital Gains Account Scheme (CGAS) to save paying capital gains tax on long-term cap...24 Mar, 2025, 10.27 AM IST
- Delhi HC denies capital gains tax exemption u/s 54F claim by a widow who bought two non-adjacent flats in NoidaSection 54F: This section allows individual and HUF taxpayers to save tax on capital gains arising from the sale of a long-term capital ass...26 Feb, 2025, 11.45 AM IST
- Buying house by selling equity shares? Here’s how you can claim tax exemption for LTCG on stocks soldSave LTCG tax on equity: To finance the down payment for buying a house, many people sell their assets such as equity shares, equity mutual...05 Nov, 2024, 12.16 PM IST
- Budget 2024: Zerodha's Nithin Kamath wants govt to add additional exemption in capital gains taxSection 54F of the Income Tax Act offers an exemption on long-term capital gains earned from selling assets (excluding residential houses),...12 Jul, 2024, 07.23 PM IST
- Last min window to save LTCG tax sees surge in registrations of luxury properties; deduction to be capped at 10cr from Apr 1As per Explanatory memorandum for Budget 2023, the provisions of sub-section (2) of section 54 and sub-section (4) of section 54F that deal...30 Mar, 2023, 06.16 PM IST
- Investment limit capped at Rs 10 crore for capital gains account scheme from FY2023-24The government set a limit of Rs 10 crore for the long-term capital gain tax deduction for reinvestment in residential properties in Budget...30 Mar, 2023, 03.48 PM IST
- It’s taxing: Selling assets and buying a new house? Beware of the tax pitfallsWhen a taxpayer earns long-term capital gains from any asset (other than a house), the I-T on the gains can be saved by taking the benefit ...11 Jan, 2022, 12.58 PM IST
- Can’t deny tax relief to buyer if builder delays flat delivery: Income-Tax Appellate TribunalThere is no capital gains tax if the purchase price of the residential house in which the reinvestment is made exceeds the sale proceeds.16 Jul, 2016, 10.45 AM IST
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