Regarding to 54F exemption
This query is : Resolved
24 June 2025
If Mr. X has purchased plot from Mr. Y for claiming deduction u/s. 54F. and also Mr. X sale his residential house to Mr. Y’s daughter. Mr. X has received money from Mr. Y’s Daughter and pay to the Mr. Y against the purchase of the plot for claiming deduction u/s. 54F. Is it valid for claiming 54F deduction or is there any issues?
24 June 2025
as long as the transactions are genuine, it should be okay.
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