how to claim deduction u/s 54 F

Pradeep Sharma (student) (114 Points)

04 April 2010  

If an indiviual have sold its resendital house proerty & then he has booked a house with a bulider & part payment has been made but the bulider has not given the possession,it is more than 3 yrs has been escaped been housed booked,

 

& the section has said that for claim the deduction a house sholud be purchsed with in a 2 yrs of sale or to be constructed with in 3 yrs.

so pls help me, what to do in the case,sholud he has to deposited tax on capital gain or not

 

thnks in advance