TaxTMI 
TaxTMI 
54F Exemption in consecutive 2 years towards installments paid for new house
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....4F Exemption in consecutive 2 years towards installments paid for new house<br> Query (Issue) Started By: - Rajat Gupta Dated:- 27-9-2025 Last Reply Date:- 11-11-2025 Income Tax<br>Got 1 Reply<br>Inco....
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....me Tax<br>Can we claim 54 F exemption across 2 years towards installments paid for one new residential house? will it be allowed? How to show in ITR,total installments paid in one year or total cost o....
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....f new residential house Reply By Padmanathan KV: The Reply: You will have to deposit the amount in Capital Gains Deposit Account in the year in which Capital Gains arises. In ITR, you can claim....
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.... deduction towards amount actually utilized plus amount deposited in CG Deposit A/c. Thereafter, in year 2 you can utilize from the said account to make payment towards second installment.<br> Discuss....
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