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section 54F-investment in under construction flat., Income Tax |
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section 54F-investment in under construction flat. |
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if net proceeds are invested in under construction flat within one year of sale-(structure complete and finishing has commenced,) but possession is not delivered within 3 years,then will the benifit under section 54F be withdrawn? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
The construction should be completed within three years from the date of transfer of original asset. Possession or legal deed may pass on after 3 years. Page: 1 Old Query - New Comments are closed. |
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