Hello Pankaj,
In case of LTCG, if one invests in underconstruction property the same has to be completed within 3years. What happens in case there is a delay in construction by the builder?
Hello Pankaj,
In case of LTCG, if one invests in underconstruction property the same has to be completed within 3years. What happens in case there is a delay in construction by the builder?
In case construction is not completed within three years of sale of old asset, i.e. possession is not received, then income tax exemption will not be available.