Exemption u/s 54 for asset purchased in different name

CS Advocate Abhishek Goyal , Last updated: 09 June 2015  
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New asset purchased in another personname or in joint name-whether exemption u/s 54 54F available? Query: The querist has sold a plot which was in his name. The sale consideration was Rs. 80 Lacs. He invested entire sale consideration in a residential house which was purchased within two year

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CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
Category Income Tax   Report

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