Q.

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» C. within 3 years after the date of transfer
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