Section 54/54F

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..... Section 54/54F
Query (Issue) Started By: - Ethirajan Parthasarathy Dated:- 1-6-2022 Last Reply Date:- 7-4-2023 Income Tax
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Income Tax
To claim relief under section 54/54F, one .....

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..... has to construct a residential house within 3 years from date of sale of original asset. If it is purchase of house, the time limit is 2 years. My question is whether 2 years or 3 years time is appli .....

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..... cable for investment in a apartment being developed by a builder. Reply By Padmanathan Kollengode: The Reply: Apartment being developed by builder tantamounts to "construction" and 3 years .....

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..... will apply. If he is investing in already constructed apartment, 2 years will apply.
Discussion Forum - Knowledge Sharing .....

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