Hi in a case, the assesse sold two housing plots in the year 2017 which was bought in the year 2010. So for the current year CGT arises. But the sale consideration was invested to buy a residential house in the name of SON. whether we can claim cgt exemption under sec 54F? Please help.
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Capital gain tax
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By act No.
But some case law may favour you, if you have invested the sale proceeds in the residential property.
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