Capital gain applicability
One of my client has sold property in F.Y. 2015-16. Her husband also booked a flat in Noida in F.Y. 2010-11 but registry of such flat is not made till today & no possession is taken by him. Although property is sold my client & flat is booked by his husband. Is it possible to take exemption u/s 54F by my client? If yes, please let me know the section or case law in reference.
Replies (1)
In my view, She can not claim benefit u/s 54 F.
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