section 54F
This query is : Open
06 May 2017
with long term definition being changed from asset held for 3 years to 2 years, are there any changes to restrictions on 54F like cannot sell the asset or claim 54F on another house again within 3 years
06 May 2017
No there is no such change in section 54F and the change regarding long term period from 3 years to 2 years will be effective from 1.4.18.
06 May 2017
effective from 2018? thought was effective from 1.4.17 as it was in last budget. thanks for the info
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