Question

Mr Anjan Das took a loan against property with SBI. However, he defaulted in the payment. When bank went to acquire the property, they realised that the property did not belong to him at all. What has the bank subject itself to?​

Answer 1

Answer:

0

Explanation:

xvgjjfsllfsljffsjsjfsssjsffsjsflf

Answer 2

Answer:

As per the Income Tax Act's Section 54F, exemption of capital gain is made available in the situation of long term capital assets transfer against the investment one makes in a residential house. ... The net consideration is re-invested in constructing 1 residential property in India in three years from the transfer date