19 Sep 2025 | 3 Mins Read

Save LTCG tax with section 54 and 54F exemptions

Flipitmoney

To claim LTCG exemption under Section 54F, own no more than one residential property on the sale date, a condition not met initially. A possible solution is selling one of the existing residential houses before redeeming the equity mutual fund, allowing exemption under both Section 54 and 54F. Invest the proceeds within the prescribed timelines.