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Capital gain on sale of house property

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25 July 2016 Dear Sir, A tax payer having 5 houses( whose income is taxable ) has sold one of them and kept the money in Capital Gain A/c scheme of a public sector bank. He intends to sell one or two more of his houses and buy a bigger one.
Under which section can he claim exemption from the capital gains.

25 July 2016 he can claim exemption under section 54



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