Capital gain & exemption u/s 54F - Based on agreement to sale?
This query is : Resolved
06 September 2024
My client, an NRI, is selling a property ( land) now. He is occupying a flat and the agreement for construction with the builder was entered in Aug 2022; but the sale deed has not been registered yet . Entire price of the property is paid.
My doubt is, if he register the sale deed now, can he claim 54F benefit ?
Pls help
My doubt is, if he register the sale deed now, can he claim 54F benefit ?
Pls help
06 September 2024
No. Not eligible now for the said flat.
He may purchase another flat, if he has the only flat which is booked.
He may purchase another flat, if he has the only flat which is booked.
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