13 September 2011
WHETHER PURCHASE OF PLOT FOR CONSTRUCTION IS TREATED AS PURCHASE OF RESIDENTIAL HOUSE. FOR THE PURPOSE OF CLAIMING OF EXEMPTION U/S 54 F.
IF THERE IS ANY CASE LAW OR JUDGEMENT PLEASE REFER TO THIS.
13 September 2011
New asset-Residential House (not Plot) Prescribed period for investment: 1.In case of purchase- before 1 year or 2 years after the date of Transfer. 2.In case of construction:3 years after the date of Transfer
13 September 2011
NO, PURCHASE OF PLOT FOR CONSTRUCTION IS NOT TREATED AS PURCHASE OF RESIDENTIAL HOUSE. FOR THE PURPOSE OF CLAIMING OF EXEMPTION U/S 54 F.
Abhishek Ranjan Singh ARS Solution email2ars@gmail.com +91 9022838615
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