What is the lease period?
Yes, you can claim the exemption.
In such case, What value should be considered for cost of new asset for calculating exemption u/s 54 or 54F?
As the total payment to be made in your case is 40 lakhs, so that can be considered as cost of investment .
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
CAclubindia
