shalini (Partner) (43 Points)
01 June 201830% TDS was done from sale of land of NRI. He wants to invest u/s 54F but due to excess TDS he has shortfall of funds. How can he invest Net consideration u/s 54F to save tax?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182853 Points)
Replied 01 June 2018
ITD has no answer to it..... It is upto assessee to arrange for additional amount, if he wishes to save LTCG tax u/s. 54F; be it loan or own capital invested elsewhere.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
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