Section 54g

Spirit (Learner) (450 Points)

13 November 2013  
IN SECTION 54G THE CODITION FOR CLAIMINFG EXAENMPTION THE CAPITAL GAIN IS UTILISED WITHIN 1 YEAR BEFORE OR 3 YEARS AFTER THE DATE OF TRANSFER FOR THE SPECICIFIC PURPOSE.. I GOT 2ND CONDITION THAT IS 3 YEAR BEFORE BUT WHAT IT MEANS "1 YEAR BEFORE" ???