Can U please help me! For suppose, I have a long term residential house property which is eligible for exemption U/S 54 and a long term capital asset (not being a residential house) which is eligible for exemption U/S 54F and I want to invest the proceeds of both these assets in purchase/construction of a single residential house property. Can I eligible to enjoy the benefit of exemption under both of these sections together for investing in a single property.
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Clubbing of exemption u/s 54 & 54f
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I have read somewhere yes you can claim both provided you buy/construct only one house property wait for others to respond
ya you can use both
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