Couple Tax Planning by Mumbai Couples that saved them crores of tax on property. 🟡 Section 54 Sell a residential house → Buy another residential house within 2 years (or construct within 3 years) → Capital gains exempt. 🏠✨ 🟡 Section 54F Sell any long-term asset (not a house) → Invest the entire sale proceeds in one residential house → Exemption on capital gains. 🚪➡️🏡 🟡 Section 54EC Sell land/building → Invest gains in Govt-approved bonds (NHAI/REC) within 6 months → Tax-free up to ₹50 lakh. 📈🪙 🟡 Section 54B Sell agricultural land → Buy new agricultural land within 2 years → Capital gains exempt. 🌾➡️🌱 🟨 Regarding Stamp duty Yes there is stamp duty on sale for sure of 11.5L, but the savings from not paying capital gains tax was more than this. That’s how they saved money. 🟨 Transaction between relatives The husband and wife won the case cause there is no rule in section 54 that prohibits sale between relatives. So this can be your wife, parents or even siblings. #ta...