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
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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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