High-Value Deduction Limits Imposed for Wealthy Individuals: Max 10 Crore u/ss 54 and 54F of Income Tax Act. https://www.taxtmi.com/highlights?id=68060 LTCG - Exemption u/s 54 and 54F - Imposing the restriction on claiming high value deduction taken by high-net-worth assessees - Maximum deduction can be claimed upto 10 crore of capital gain u/s 54 or cost of new asset u/s 54F as the case the may be. en-us Fri, 03 Feb 2023 11:42:43 +0530 Fri, 03 Feb 2023 16:55:18 +0530 TaxTMI RSS Generator High-Value Deduction Limits Imposed for Wealthy Individuals: Max 10 Crore u/ss 54 and 54F of Income Tax Act. https://www.taxtmi.com/highlights?id=68060 LTCG - Exemption u/s 54 and 54F - Imposing the restriction on claiming high value deduction taken by high-net-worth assessees - Maximum deduction can be claimed upto 10 crore of capital gain u/s 54 or cost of new asset u/s 54F as the case the may be. Highlights Income Tax Fri, 03 Feb 2023 11:42:43 +0530 https://www.taxtmi.com/highlights?id=68060