27 August 2016
I sold my property as on Feb 8, 2014 and invested the capital gain in acquiring new property in Banglore on May 2014.
Now i wish to sell the Banglore property as on August 27, 2016. Now i understand that due to selling this property i wont be able to claim exemption. But can i now invest in new property under construction and Claim that property for exemption since I have done this before the allowed limit of 3 years.
CAclubindia
