Flat possession
This query is : Resolved
praveen makhija
(Querist)
02 March 2013
I have one query: I have sold my flat and corresponding flat has been purchased and the same has been registered, but the possession is due after 2 years. Just wanted to confirm whether im eligible for exemption u/s 54
Santosh Mishra
(Expert)
02 March 2013
Yes but the ocnstruction of new property within three years from date of transfer previous property
Santosh Mishra
(Expert)
02 March 2013
Construction of new property should be completed within three year from date of transfer previous property.
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