section 54F-investment in under construction flat.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ection 54F-investment in under construction flat.<br> Query (Issue) Started By: - alam singh Dated:- 11-3-2011 Last Reply Date:- 12-3-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>if net proceeds ar....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e invested in under construction flat within one year of sale-(structure complete and finishing has commenced,) but possession is not delivered within 3 years,then will the benifit under section 54F b....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e withdrawn? Reply By GOPALJI AGRAWAL: The Reply: The construction should be completed within three years from the date of transfer of original asset. Possession or legal deed may pass on after 3 ye....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ars.<br> Discussion Forum - Knowledge Sharing ....