Long Term Capital Gain exemption u/54F
Amish Maknojia (Student) (507 Points)
27 August 2018Scenario:
Client is partner in a firm, which is under audits so due date for filing ITR is 30sept.
Now client has sold shop in sept 17 and he is planning to invest in new residential property to avail exemption u/s 54F.
However he has still not purchased the property, so if he purchases property before 30th sept, can he tale the benefit of 54f?