Hello,
If an assessee has invested the amount of sale of asset in Capital Gain Account Scheme and the period of 2 years is going to be ended let's say on 31/08/2020 so if before the due date he enters into sale agreement with someone for purchase of new property is he still able to claim the exemption by just entering into an agreement?
Also wanted to know that whether the last day would be 2 years from sale (i.e. 31/08/2020) or will it be end of FY i.e. 31/03/2020?
CAclubindia
