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Capital gains

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2018 The assessee sold the house in Delhi for Rs 65,00,000 relevant to AY 17-18. Resulting in LTCG OF Rs 52,00,000.
She Invested the Entire LTCG in house built by her son on her sons name. The entire payment has been made to the builder from the Assessee's account.

Will she get the benefit of Section 54?

25 February 2018 See the link.
https://www.google.co.in/url?sa=t&source=web&rct=j&url=https://www.caclubindia.com/amp/articles/exemption-u-s-54-for-asset-purchased-in-different-name--24052.asp&ved=2ahUKEwj45I7ktMDZAhUDupQKHQMaA60QFjAAegQICBAB&usg=AOvVaw2uAJrDXSncdGmwS9xTt1qT&cf=1



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