mayuri (Tax Consultant) (249 Points)
30 August 2021Client sold Share worth of 873000 for profit on 24th march 2021 and on June 21st he purchased the house for 32 lakhs (PROFIT FROM SHARES AND SOME BANK LOAN).
Is he eligible for deuction us 54F
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 30 August 2021
Yes, provided he had filed ITR for As 2021-22, after 21.06.2021.
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 30 August 2021
CAclubindia
