Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161012 Points)
Replied 04 January 2017
"............and then he purchases an other plot for constructing the residential house, can we avail benefit u/s 54F .........."
No case law required, if you wish to complete the construction of a residential house over the new purchased plot within 3 years!!!
(just park the remaining sale proceeds amount in CGS acc, before filling return)
CAclubindia
