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Capital gain on sale old house

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(Querist)
02 March 2025 Sir,
I have sale an old house for 40lak on 01/01/2024.
But till today on 02/03/2025 i have only received 20lak .

Now i want to take the benefit of sec 54 or 54EC , thought i have not received full amount ,how to take benefit.

Please suggest
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
03 March 2025 generally the assessee makes claim that lack of receipt of consideration should lead to cancellation of sales and hence, no capital gains. There are several case laws for that. However, in case you are not disputing the sale itself, then the capital gains shall remain taxable and you may have to manage cash to reinvest for claiming the exemption.
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