Assessee had jointly held a plot of land which was sold in 1987, latter on the area was encroched by several peoples.
In 2011-12 to resolve the title the assessee exucuted deed of conveyance(seperate for assessee share) in favour of purchaser for a cosideration of 40lac.
In the same year he re-invested in a residential property for Rs.40lacs
My query is that whether he will be eligible for the ded u/s 54f.
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