Sec 54 capital gains account


I sold a flat in June 2019 and made some capital gain out of that transaction. I also booked a plot of land in May 2015 and going to get its registration and possession in October 2020. I am also planning to construct the house on the said plot by 2022. Am I eligible for claiming the capital gains tax exemption? I have not opened a capital gains account with a bank till date? Is it mandatory to open a Capital Gains Tax Account?

 
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It's a matter of Income Tax. Please contact a practising Chartered Accountant.
 
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It's a matter of Income Tax. Please contact a practising Chartered Accountant.
 
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