section 54f

I already have 2 homes.
on 2 nd home availed 54f and construction was complete in Apr 2017.
so I am not supposed to build another home till Apr 2020.
have LTCG for FY 2017-18 in Dec 17. to claim 54f again, can I buy a plot by month end instead of opening cgas account, sell my 1st house ASAP and construct house in new plot after Apr 2020 but before Dec 2020?
Replies (1)

You are not allowed to claim any deduction u/s. 54F till April 2020........... either by investment in house/plot/CGAS investement !!!

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details