Section 54F exemption is unavailable because the residential property was acquired more than one year before the sale of the MF units. While the exemption fails the timing criteria, taxpayers can still use Section 80C and Section 24 deductions for principal, …
I bought an apartment in 2022 with a home loan. This year, I have sold equity mutual fund (MF) holdings with gains of about 60 lakh. Can I use the capital gains to pay off the home loan and get an ex… [+1530 chars]
