Section 54 ea and 54f
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 February 2013
I own a residential property which is self occupied and have recently sold 1 long term asset (office premise) in Apr 12.
Can i invest in residential property to get exemption u/s 54 F ?
Also, since 6 months have already elapsed, can i invest in specified bonds and claim exemption u/s 54 EA
Can i invest in residential property to get exemption u/s 54 F ?
Also, since 6 months have already elapsed, can i invest in specified bonds and claim exemption u/s 54 EA
CA PARAS BAFNA
(Expert)
17 February 2013
54EA is the thing of the past.
.
Duration given in the new section 54EC, has also passed.
.
54F is available. For full exemption invest entire sales consideration received on sale of office.
.
.
Duration given in the new section 54EC, has also passed.
.
54F is available. For full exemption invest entire sales consideration received on sale of office.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
