54 f exemption



My Client Sold Shop on June 17

And Taken booking allotment of flat on july 2018

now he want to cancel that booking and want to buy new underconstruction proerty,

so 54F is available or what?

 

pl advice

 
Reply   
 
KVO Merau Kutchh

Google for a case law favoring the assessee in similar case. Courts allow the deduction, but restricted at lower level.

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU