16 January 2019
property sales 35,56,000/- date 15.05.2013 cost of acq 2,67,941/- cost of improvement 3,48,829/- capital gain 29,39,230/- residential property purchase 13,57,000/- cost of construction 13,91,691/-
A. O IS denied for cost of construction please clarify regarding section 54 F
16 January 2019
then how do you intend to claim both? you would be eligible only for one deduction - either for cost of purchase of house property or for construction of a house property