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Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Exemption available from Capital gains This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Exemption available from Capital gains

What is the prescribed time limit for investment in new asset under section 54D?

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Ans.  The assessee has to purchase new asset within a period of 3 years after the date of compulsory acquisition of the undertaking. ​

 

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