30% TDS was done from sale of land of NRI. He wants to invest u/s 54F but due to excess TDS he has shortfall of funds. How can he invest Net consideration u/s 54F to save tax?
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If tds at higher rate has been deducted from nri on sale of property how will he invest net consider
Replies (2)
ITD has no answer to it..... It is upto assessee to arrange for additional amount, if he wishes to save LTCG tax u/s. 54F; be it loan or own capital invested elsewhere.
thanks Sir
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