Reinvetment u/s 54

Rahul (Student) (112 Points)

07 February 2011  

If we sold a residential flat after 3 years but not kept the amount in specified bank before the due date of filing return but reinvested the LTCG before2 years of LTCG in another residential property.shall we claim exemption u/s54???

And return for the previous year , the year in which the property was sold has not been filed.