Budget 2023 should remove this anomaly to make claiming tax exemption on LTCG under section 54F easier

The current income tax provisions allow an individual taxpayers to claim exemption from having to pay capital gains tax from long term capital assets. However, there are certain challenges under section 54F of the Income-tax Act, that makes it difficult for individuals taxpayers to claim exemption. If these anomalies are removed or explicitly clarified then it will help individual taxpayers.

from Personal Finance News-Wealth-Economic Times https://ift.tt/E4TWFJe