PLC and car parking amount are included in the cost of acquisition.
2. Regarding claim of 54F, which date will be considered (1) Date of payments made to the Builder or (2) Agreement execution (Registry) date.
3. If any person, amount of capital gain has not deposited under scheme of capital gain account in the nationalised bank, claim will not be allowed.
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Regarding claiming of deduction u/s. 54F
Replies (2)
1. Yes, provided included in the agreement......... otherwise no.
2. If paid as installments....... each installments......... otherwise allotment date or agreement date.
3. Correct......
Comment on second point is that for claim u/s 54F, New Residence has been purchased, this purchase was made one year before or within two years. This period will be counted till the date of payments made to the Builder or date of registry or allotmement /Agreement made with Builder.
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