Section 54F allowed even if amount not deposited in Capital Gain FDR Scheme but house purchased within time limit
Held Having come to the conclusion that the assessee had utilised the net consideration in construction of a house within the period of three years from the date of transfer, the question would be whether the absence of deposit of unutilised net consideration in a specific bank account as is required u/s 54F(4) of the… Read More »