Question

Provisions of the Income Tax Act regarding exemption of capital gains u/s54F

05 Oct 2025
Answer :
Word Count : 313
Section 54F of the Income Tax Act, 1961 provides exemption from capital gains tax arising from the transfer of a long-term capital asset other than a residential house, if the net sale consideration is invested in the purchase or construction of a residential house within the prescribed time limits. The exemption is ____ ______ ______ ______ __________ _________ __________ ________ _____.
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