Capital gain exemption u/s54
Tara Jain (Chartered Accountant) (106 Points)
07 September 2016
ANKUR TAH
(Teacher Consultant and CA finalist.)
(543 Points)
Replied 07 September 2016
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 09 September 2016
YES
YOU ARE NOT AVAIL TO TAKE BENEFIT U/S 54 IF YOU PROPERTY UNDER CONSTRUCTION
YOU CAN TAKE BENEFIT IN 5 EQUAL INSTALLMENT IN 5 YEAR AFTER COMPLETE CONSTRUCTION OF YOUR PROPERTY
GOOD LUCK!