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section 54 and section 54EC of income tax

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(Querist)
29 March 2017 whether section 54 and section 54EC of income tax are mutually exclusive? can exemption under both of them can be availed for single asset sold. ie, partially under 54 and partially under 54EC
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Studentsca

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Studentsca (Expert)
29 March 2017 Yes Exemption under both the sections can be availed simultaneously.

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