Two houses and a share sale: Can an HUF transfer help claim 54F exemption?
· livemint.com
To claim Section 54F exemption while selling shares, one can potentially gift one property to an HUF. The property remains legally owned by the individual, with income categorized accordingly.
I plan to sell shares and use the proceeds to claim exemption under Section 54F. However, I have two house properties registered in my name. If I transfer or gi...