No dear, I believe Question is correct because it is asking for Deduction BASIS for Section 54F which is Net Consideration only.
Section 54F exemption depends upon Value of Net Consideration invested in buying new property while other section (like 54, 54B, 54D etc.) consider Amount Invested or Capital Gain; whichever is lower.
Dear sir /madam
I think 4th no. Question the answer you have is wrong deduction will be the amount invested or capital gain which ever is lower
No dear, I believe Question is correct because it is asking for Deduction BASIS for Section 54F which is Net Consideration only.
Section 54F exemption depends upon Value of Net Consideration invested in buying new property while other section (like 54, 54B, 54D etc.) consider Amount Invested or Capital Gain; whichever is lower.
Thanks 🙂
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Ohh Thank you