Hello Tax Gurus I am an Indian resident and employed with an Indian subsidiary of a US based parent Company which is listed in NASDAQ. Company has provided us shares through ESPP RSU ESOP schemes. According to section 54 F we can save long term capital gain tax earned by sale of ESOP, ESPP RSU share in NASDAQ by investing the amount gain on purchase of a residential house within a period of one year before or two year after date of sale of these shares. Question: I have purchased an under construction residential property 2.5 years i.e. in June 2009 and also done registration of it in Dec 2009

Answered by Dil Se, 19 Jun '12 05:29 pm