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  1. cleartax.in › s › section-54-capital-gains-exemptionSection 54 of Income Tax Act - Capital Gains Exemption on ...

    2 days ago · Under Section 54 of the Income Tax 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.

    • 40,00,000.00
    • Amt (Rs)

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    • Section 54 Income Tax Act - Capital Gains Exemption Chart - Teachoo
    • Exemptions from capital gains under sections 54,
    • Long Term Capital Gain Exemptions on Sale of Property-Court Judgments
    • Analysis of Section 54,54EC and 54F-Exemption

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  3. taxguru.in › income-tax › exemption-capital-gainExemption under capital Gain: Section 54, 54B, 54D, 54EC, 54F ...

    Apr 3, 2024 · 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 periods, and applicable deposit schemes.

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  5. tax2win.in › guide › section-54-of-income-tax-actSection 54 of the Income Tax Act: Capital Gains Exemption ...

    Jun 28, 2024 · Under Section 54 of the Income Tax Act, an individual or HUF selling a residential house property can claim exemption from such capital gains if they invest the proceeds in the acquisition, i.e., purchase or construction, of another residential property.

  6. taxguru.in › income-tax › exemption-section-54-54bExemption under section 54, 54B, 54D, 54EC, 54F, 54G & 54GGA

    • Nature of Assesse. Individual / HUF ‘only’ ‘All’ assesses. All’ assesses.
    • Nature of capital gains as Short / Long term. Long term only. ‘Short’ and Long term both.
    • Nature of Assets Disposed. Residential House only. Agricultural Land as used by himself/ parent for last 2 years. Land and Building of. industrial undertaking as Compulsory Acquired.
    • Nature of Asset to. be Acquired. ‘Residential’ House only. Agricultural Land only. Land/ Building. for ‘Industrial’ purposes only. Bond of. (a) ‘REC’ (b) ‘NHAI’ up to 50 lac only.

  7. taxguru.in › income-tax › all-about-section-54-54bAll about Section 54, 54B, 54D, 54F, 54GA, 54EC, 54G & 54GB

    Aug 7, 2018 · 1.) For Claiming Exemption, Assessee Should make Investment before Due Date of Filing of Return of Income. 2.) If the Assessee Fails to do so, Amount should be deposited in Capital gain Accounts Scheme before due date of return of Income to Claim the Exemption. 3.)

    S. No.
    Basis
    Section 54ec
    Section 54f
    1.)
    Allowability
    Exemption is Allowed provided the ...
    Exemption is Allowed provided the ...
    2.)
    Allowed To
    All Assessees
    Individual/ HUF
    3.)
    Conditions to be Satisfied
    a.) The Assessee Should have Invested the ...
    a.) The Assessee Should have purchased ...
    3.)
    Conditions to be Satisfied
    b.) The Assesee is not allowed to Convert ...
    b.) The Assesee Should either Purchase or ...

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  8. www.taxbuddy.com › blog › section-54-series-exemptionSection 54 Series Exemption: Guide to Capital Gain

    May 1, 2023 · Exemptions with a Focus on Section 54 Series: A Full Guide to Capital Gains.

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  10. cleartax.in › s › capital-gain-exemptionCapital Gains Exemption - ClearTax

    Jun 26, 2024 · If you have sold any capital assets thereby incurring capital gain tax. You can plan your capital gain tax by claiming exemption as explained above under section 54 , 54EC , 54F etc. Using these section you will be able to claim exemption from capital gain tax.