54 exemption
Vijay Mohan (637 Points)
05 December 2020
if sale proceeds of agricultural land can be used for extension of my old house shall I get exemption under sec 54
1 Replies
shivani
(student)
(210 Points)
Replied 08 December 2020
Sale of agricultural land is exempt from capital gain...so there's no question of exemption of income !! as per my opine
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