MCQOPTIONS
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| 1. |
For claiming exemption u/s 54, the assessee should construct the residential property within ......................... |
| A. | one year before or 2 years after the date of transfer |
| B. | one year before or 3 years after the date of transfer |
| C. | within 3 years after the date of transfer |
| D. | within 2 years after the date of transfer. |
| Answer» D. within 2 years after the date of transfer. | |