Section 54 case law for investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2017
Dear experts,Mr.A Purchased land to get benefit under section 54 .But the land had two owners (husband and wife).Is any restriction is there for buying the property
30 June 2017
NO, Mr. A Should construct the house within 3 Yrs, The Joint ownership of Seller is not an issue.
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2017
he bought a house but the land had two owners(husband and wife)
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