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Sec 54f
hi., I have a long term capital gain in the current year 2014 on sale of land. I had entered into an agreement with DLF to take up an apartment under construction in 2009 and payments were being made in various instalments . All the instalments are completed and possession is due in this year 2014. can I avail the exemption under 54F ? I do not own any other house property
Replies (3)
yes sir u can avail th ebenefit of sction 54f ....
Thanks Saroj !
Since 99% of the payment towards the new apartment has been paid before the sale of land ,will it be a problem ? Only possession Is not acquired and deed is not registered as of now.
no sir no problm u can avail ..for more clarification read once section 54f..
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