Hi friends, I sold my long term asset in the year 2023 and from the proceeds I have constructed a house on my wife's land inherited by her father's will ( not registered or no sale deed). can I claim exemption on capital gain from sale of property by this construction of house. pl advise.
Menu
Capital gain sec 54f
Replies (3)
Yes, provided you have NOC from your wife and the conditions as per sec. 54F are satisfied.
Sir, thanks for your reply. what are the documents to be submitted
NOC from your wife and all other permissions to build HP to completion certificate in your name.
Recent Threads
- "off market credit transactions" mention
- Section 5A - Portuguese Civil code applicability
- Tax Audit Applicable or not?
- Understanding Why the CA Foundation Pass Percentag
- ITR3 - Switch from Old to New Regime
- Best Online Coaching for CA Intermediate Complete
- FCRA 6A Address Change request
- Can you share how you practically used the list fo
- Parag Sir’s 50+ CA Inter Costing Questions &
- Capital gains builder property
Related Threads
CAclubindia
