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Exemption u/s 54f of it act

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(Querist)
04 April 2019 Can exemption u/s 54F be claimed in case where the Development Agreement states that the construction would be completed in 48 months, if the entire sale proceeds are transferred to the Developer immediately after sale ?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
10 April 2019 The query may be replied. The later part of the query is ambiguous. Pl clarify.

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