https://www.taxtmi.com/acts?id=46759 Amendment extends the time limits in section 155 for acquiring or constructing a residential house to qualify under section 54F and inserts sub-section (10C) requiring the Income-tax Officer to amend assessments to exclude exempted capital gain where the assessee purchases within the short-term period or constructs within the longer period; section 154 procedures apply, with its four-year limitation reckoned from the assessment date. en-us Mon, 30 Dec 2024 14:28:25 +0530 Mon, 30 Dec 2024 14:28:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46759 Amendment extends the time limits in section 155 for acquiring or constructing a residential house to qualify under section 54F and inserts sub-section (10C) requiring the Income-tax Officer to amend assessments to exclude exempted capital gain where the assessee purchases within the short-term period or constructs within the longer period; section 154 procedures apply, with its four-year limitation reckoned from the assessment date. Act-Rules F. Acts / Amendment Acts Mon, 30 Dec 2024 14:28:25 +0530 https://www.taxtmi.com/acts?id=46759