Avail benefit of section 54 ec
This query is : Resolved
10 June 2019
Sir,
I want to sell the commercial property (currently under redevelopment) that was transferred to me after my fathers death last year through nomination( I was the sole nominee). Can I avail the benefits of section 54 EC ? Is it that a nominee, being a caretaker, cannot avail the benefits of Section 54 EC?
I want to sell the commercial property (currently under redevelopment) that was transferred to me after my fathers death last year through nomination( I was the sole nominee). Can I avail the benefits of section 54 EC ? Is it that a nominee, being a caretaker, cannot avail the benefits of Section 54 EC?
10 June 2019
If you have the right to sell the property you can avail the benefits of section 54 EC.
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