19 July 2019
In order to claim section 54 exemption under Capital Gains, shall I invest in land and the purpose of purchase of land is to construct a house. Assuming land cost already I have incurred and no construction cost till the due date of filing return of income and no amount has been deposited in the capital gain deposit account scheme. In this case what is the exemption I can claim under section 54?
CAclubindia
