Investment, Not Completion, Key for LTCG Exemption u/s 54 of Income Tax Act.

Investment, Not Completion, Key for LTCG Exemption u/s 54 of Income Tax Act. https://www.taxtmi.com/highlights?id=56747 LTCG - Exemption u/s 54 - booking of flat with private builders - The provisions of section 54 nowhere prescribe construction of the house should be completed. The prime requirement is investment in new residential house within the prescribed period. - AT en-us Mon, 15 Feb 2021 15:21:27 +0530 Mon, 15 Feb 2021 15:21:27 +0530 TaxTMI RSS Generator Investment, Not Completion, Key for LTCG Exemption u/s 54 of Income Tax Act. https://www.taxtmi.com/highlights?id=56747 LTCG - Exemption u/s 54 - booking of flat with private builders - The provisions of section 54 nowhere prescribe construction of the house should be completed. The prime requirement is investment in new residential house within the prescribed period. - AT Highlights Income Tax Mon, 15 Feb 2021 15:21:27 +0530 https://www.taxtmi.com/highlights?id=56747