capital gains- sec 54f

This query is : Resolved 

04 November 2008 will i be eligible for exemption under sec54f, if i already own a residential property?? what is the time limit to invest after transfer?

05 November 2008 Yes
The amount is to be invested in new property within one year before or two years after the transfer to buy a builtup house or three years after if it is to be constructed


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query