| Question And Answer | |
|---|---|
| Subject: | Section 54F |
| Category: | Income-Tax |
| Querist: | Puja Sharma |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | Section 54F deduction |
| Date: | February 19, 2025 |
I own a plot of land on which I’m constructing my house. The land was bought in 2011. The construction has started in FY 25. Can I claim the deduction of Section 54F for construction of my house? If yes, how do I account for expenses that I have incurred in the current FY for construction purposes? I also own 2 studio apartments one of which is not registered. the case is in NCLT. Both of them are on rent.
Reply of the Expert is awaited. Please check back later
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