U/s 54

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2012 SIR I AM SALE RESIDENTIAL PROPERTY GURGAON AND TAX SAVING PURPOSE INVESTED NEW BUILDER PROPERTY NOIDA BUT BUILDER NOT COMPLETE PROJECT 2 YRS AND PROJECT CANCELLED.
MY MONEY IS RETURNED

I AM LONG TERM CAPITAL GAIN PAID OR INVESTED OTHER RESIDENTIAL PROPERTY., PLEASE HELP ME

THANKS

BEST REGARDS

SATISH DHAUNDIYAL




18 July 2012 Mr. Dhundiyal,
In Rajasthani, in such a situation we generally used to say-
"Dhan bhi gayo ane Dharam Bhi Gayo.
.
The situation is really awkward.
.
But I would like to suggest you to reinvest the amount refunded in the new residential house, immediately. Your deduction will not go away as the circumstances were beyond your control.
.


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