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Exemption u/s 54
If assessee sold a residential house and does not deposited the amount in capital gain scheme account before the due date as per section 139(1) but subsequently invested the entire sale proceeds within three years from the date of transfer in the construction of a residential house, then is he eligible to claim exemption u/s 54 ?
Replies (1)
there is case law based on your question
it's recent u can search it on taxman and check whether matched with ur case
it's recent u can search it on taxman and check whether matched with ur case
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