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Exemption u/s 54F - LTCG - Even before the sale of the property he had borrowed housing loan and started construction on the site belonging to him. After the sale the amount spent towards construction of the house is more than the consideration received by the sale of agricultural land and therefore he is entitled to the benefit of Section 54F - HC

Income Tax - Exemption u/s 54F - LTCG - Even before the sale of the property, he had borrowed housing loan and started construction on the site belonging to him. After the sale, the amount spent towar .....

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