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capital gains

Raj Singh (18 Points)

13 October 2017

sec 54 time limit for purchase of new residential HP for claim exemption

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5 Replies

Ashwin Kumar (1229 Points)
Replied 13 October 2017

1 years from the date of transfer and if constructed then with in 3 years

Shweta Punmia (CA) (190 Points)
Replied 13 October 2017

it is 2 years from the date of transfer,for purchasing under construction property it is 3 yrs. U can purchase property one year prior from the date of transfer.

Shweta Punmia (CA) (190 Points)
Replied 13 October 2017

it is 2 years from the date of transfer,for purchasing under construction property it is 3 yrs. U can purchase property one year prior from the date of transfer.

Kiran Sharma (34 Points)
Replied 14 October 2017

1 year prior 2year latter from the date of transfer and 3 year for construction but assessee have to deposit such amt before filling ITR in capital gain scheme if he fail to invest entire amt of capital gain