Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Section 54: Tax Exemption for New Home Purchase or Construction within Specified Timelines After Property Sale</h1> To claim an exemption under section 54 of the Income Tax Act, a taxpayer must either purchase a new house within one year before or two years after the transfer date of the old house or construct a new house within three years from the transfer date.