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Capital gain u/s 54f

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 August 2012 Can a house on which exemption u/s 54F is taken be demolished and reconstructed within the period of 3 years?
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Mohit Naithani

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Mohit Naithani (Expert)
01 August 2012 Yes.......... Restriction is on the sale of that house.

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