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Question ID : 44387

Exemption U/S 54/54F for self constructed Residential House

if new self construction property completed (OC Received) within 1 year before sale of old property, can we consider it as "purchase" and claim exemption or provision is silent on before construction property (specifically mentioned construction should be completed within 3 Years after sale of property) and claim exemption. Any case law available in such scenario

posted by CA. CHAVAN TRUPTI GAJANAN on Dec 21 2022 12:00AM

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