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.
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Section 54F Advance for Flat
Replies (1)
YES PROVIDED THE RETURN FOR AY 2021-22 NOT FILED YET.
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