Dear All Experts,
As i was suggested or as I understood, Under Capital Gain Scheme - to take Exemption through Bond, it should be purchased within 6 months of the Sale of Property / Land.
Now I want to know that if said bonds purchased after few days delay of 6 months limit than what ? Can we request to consider it for Exemption ? Any Old Case or Reference?
For E.g : Land sold on 01.01.15, now as per rule bonds should be purchased by 30.06.15 but due to some reasons it was purchased on 15th or 20th July.15 i.e. 15 to 20 days delay. than what?
CAclubindia
