How to treat the income
This query is : Resolved
sundaresan
(Querist)
17 November 2023
Sir, my client converted his agricultural land into residential plots and sold 20 plots and then the amount received he has constructed his own building, land converted on 29/06/202 and sold on 27/09/2022. House construction started in November,2022 and still at unfinished stage.
Can he claim long term capital gain exemptions
Can he claim long term capital gain exemptions
CA R SEETHARAMAN
(Expert)
17 November 2023
Yes claim section 54f exemption.
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