Capital gains 54 f
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 March 2017
I had sold my property and puchased a land then constucted a house as per 54 f. my query is that can i use the remaining portion of vacant land for commercial activity
CA R SEETHARAMAN
(Expert)
27 March 2017
Yes you can use it.....................
27 March 2017
As you have fulfilled all conditions of section 54F already there is no restriction on using the remaining portion of land for commercial purpose.
CA Gopal Somani
(Expert)
28 March 2017
Agree with the above views of the experts.
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