TMI BlogExtension Of Time For Acquiring New Asset Or Depositing Or Investing Amount Of Capital Gain-Sec 54HX X X X Extracts X X X X X X X X Extracts X X X X ..... h the compensation is actually received. As per section 54H, the period for acquiring the new asset by the assessee referred to in sections 54, 54B, 54D, 54EC and 54F (i.e. six months, one year before or two/three years after the date of transfer of the asset) shall be reckoned from the date of receipt of such compensation and not from the date on which the asset was originally transferred. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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