LTCG - Exemption u/s 54 - booking of flat with private builders ...

Investment, Not Completion, Key for LTCG Exemption u/s 54 of Income Tax Act.

February 15, 2021

Case Laws Income Tax AT

LTCG - Exemption u/s 54 - booking of flat with private builders - The provisions of section 54 nowhere prescribe construction of the house should be completed. The prime requirement is investment in new residential house within the prescribed period. - AT

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LTCG - Exemption u/s 54 - booking of flat with private builders ...

Investment, Not Completion, Key for LTCG Exemption u/s 54 of Income Tax Act.

February 15, 2021

Case Laws Income Tax AT

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