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Capital gain

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(Querist)
28 June 2012 I wish to know how may time Capital Exemption under Section 54-f is available for a individual.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
28 June 2012 There is no limit on the number of times exemption u/s 54 can be claimed.

Whenever an individual sells a long term capital asset being a residential house property he can claim exemption u/s 54.

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