# section 54f
2 posts in `section 54f` tag
Section 54F Income Tax Exemption Capital Gains
When it comes to taxes and selling property, the words "capital gains" might sound intimidating. But fear not! There's a bright side to this story. It's called Section 54F of the Income Tax Act.
Demystifying Section 54F of Income Tax Act: Capital Gains Tax, Indexation, and Benefits Explained
Indexation is a method that accounts for inflation from the time of asset purchase to its sale. It adjusts the purchase price of the investment, thereby reducing the overall taxable capital gain amount.