I have purchased a under construction property for claiming exemption under section 54F, the locking period of 3 years is considered from which date from the date of possession of under construction property or or from the date of allotment.
Tax baniya (Partner) (66 Points)
05 March 2015I have purchased a under construction property for claiming exemption under section 54F, the locking period of 3 years is considered from which date from the date of possession of under construction property or or from the date of allotment.
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 05 March 2015
Date of possession or registration, whichever is earlier
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