Residential property defination
This query is : Resolved
12 October 2020
as per my CA BDA/society allotted site residential property since they have civic aminites, where as revenue sites , land, plot are not included. He filed ITR under section 54 to save the LTCG from sale of BDA site invested in purchased of FLAT. I have followed all requiement of 54F still he filed under 54. I any notice rised by AO , can I convince him .
12 October 2020
For sale of site/plot only 54F applicable ask him to go through the provisions.
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