{"id":30201,"date":"2022-10-20T05:48:21","date_gmt":"2022-10-20T00:18:21","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=30201"},"modified":"2022-10-20T05:48:21","modified_gmt":"2022-10-20T00:18:21","slug":"does-purchase-of-new-asset-and-renovation-considered-as-construction-of-new-residential-under-54f","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/does-purchase-of-new-asset-and-renovation-considered-as-construction-of-new-residential-under-54f\/","title":{"rendered":"Does purchase of new asset and renovation considered as construction of new residential under 54f"},"content":{"rendered":"<p>Capital gains from a sale are deposited in capital gain\u2019s account scheme and two years have passed from transaction date. Can I purchase an existing old home and renovate within 3 years, still claim 54f exemption? Will this be considered as construction of new residential house which gives 3 year time for this?<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[713,714],"class_list":["post-30201","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-construction-of-house","qa_tag-renovation"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/30201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=30201"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30201"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=30201"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=30201"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=30201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}