Exemption U/s 54F

K V S VINAYA LAXMI (Paid assistant) (28 Points)

17 February 2020  

This is with regard to exemption U/s 54F.

If substantial amount is paid to the huge apartment builder who promises to handover flat in 3 years,will it be considered as investment for construction of a house? and whether it will qualify for exemption U/s 54F

Please advice.