Section 54b
This query is : Resolved
ketan h shah
(Querist)
24 October 2013
can assesse purchase new property before sale of land to claim benefit of section 54B?
24 October 2013
Absolutely no.
Nikhil Kaushik
(Expert)
24 October 2013
agreed with the expert.
CA Pallav Singhania
(Expert)
24 October 2013
No, you cannot do so...
You can purchase another agricultural land within 2 year from the sale of such land subjected to some conditions...
You can purchase another agricultural land within 2 year from the sale of such land subjected to some conditions...
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