Sold a house and reinvested the gains but missed the construction deadline due to Covid? The Chennai ITAT says that alone is not enough to deny Section 54 tax exemption. The Tribunal held that pandemic-related delays cannot be treated as negligence and allowed the capital gains exemption claim.
Can delayed home construction cost you Section 54 relief? ITAT answers
Sold a house and reinvested the gains but missed the construction deadline due to Covid? The Chennai ITAT says that alone is not enough to deny Section 54 …
