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.
YES PROVIDED THE RETURN FOR AY 2021-22 NOT FILED YET.
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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SMJ global advisors pvt ltd
New Delhi
B.Com
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SMJ global advisors pvt ltd
New Delhi
B.Com
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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CAclubindia
