I sold house property in march 19 and has LTCG on it of rs. 337480.
My query is that
whether i get deduction under section 54,if i purchase a plot of land for the purpose of construction of new house property before 31st july 2019.Does this purchase cost of land considered as cost of construction.
When an individual sells a residential property and buys another residential property, he will be eligible for exemption under Section 54.
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