Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT Delhi
· economictimes.indiatimes.com
Constructs house for Rs 47 lakh, sells old property for Rs 53 lakh, pays no tax, tax dept sent notice, man wins case in ITAT Delhi; Know how
Purchase of a new house property within 1 year before or 2 years after the date of transfer or
Construction of a new house property within 3 years from the dat...