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Capital gains

This query is : Resolved 
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(Querist)
28 November 2013 Do any of you think it right that a claim for exemption under section 54F would be alright and allowable if investment in the new residential house was done by way of CONSTRUCTION rather than purchase, one year before transfer of the long term asset?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 November 2013 I don't think it is right.
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