Capital gain on sale of land .. pls help.


This query is : Resolved 

(Querist)
22 May 2015 One of our client sold a land (not agri) in PY and he constructed a residential house immediately in one of his land which he already owned. Is he eligible for exemption u/s 54F ?

23 May 2015 Yes eligible provided other conditions are satisfied. Pls read the section.


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