About Us
Organizations and Functions
Taxpayers’ Charter
Tax Laws & Rules
Acts
Rules
Circulars and Notifications
Forms/Downloads
Budget & Bills
- Home
- What is Section 54F of the Income Tax Act? What is Section 54F of the Income Tax Act?, (2 of 2)
What is Section 54F of the Income Tax Act?
Subject
FAQs on Exemption available from Capital gains
etds-answer
Section 54F provides exemption for capital gains arising from the transfer of a long-term capital asset (other than a residential house property) if the gain is invested in one residential house property in India within the prescribed time limit.
