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Capital gains 54 f

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Querist : Anonymous

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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
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 March 2017 Yes you can use it.....................
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
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.
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CA Gopal Somani

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CA Gopal Somani (Expert)
28 March 2017 Agree with the above views of the experts.
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