Suppose A sale shares on 15/06/2020 and having capital gain of Rs. 50 Lacs.
A has given advance Rs. 30 Lacs to purchase a flat on 30/11/2021.
Now my question is that whether A is eligible to get exemption of Rs. 30Lacs u/s 54F.
Section 54F Advance for Flat
Replies (1)
YES PROVIDED THE RETURN FOR AY 2021-22 NOT FILED YET.
Recent Topics :
- Bill-to-ship-to material at client site, project c
- Export previously now to be considered domestic sa
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
Related Topics :
CAclubindia
