Bharat sharma

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student
32 Points Posted on 17 December 2016

Hello Friends

If an Assessee Claims Exemption u/s 54F and buys one residential House property, than whether he is allowed to purchase another land  within a period of three years or will the exemption provided earlier stands withdrawn on purchase of land....

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On 17 December 2016 at 00:51 Report
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SEO Sai Gr. Hosp.
121407 Points Posted on 17 December 2016

Allowed.....

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On 17 December 2016 at 08:32
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student
1393 Points Posted on 17 December 2016
Restriction is on construction or acquisition of house property. No restriction on land. Hence, it's allowed.
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On 17 December 2016 at 11:26
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student
32 Points Posted on 17 December 2016

Thanks Sir

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On 17 December 2016 at 11:32

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