Hello all,
One of my client sold Shares (Long term) and invested the same in Open plot.
Is he eligible for claiming capital gains u/s 54F?
Little bit urgent. Please help
Thank you.
Menu
Sold Shares and purchased Open plot
Replies (3)
No.
If going to construct any house property over it (within stipulated time period); then yes.
Thank you for quick response.
You are welcome.
Recent Topic
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
Related Topics
CAclubindia
