Can any one tell...
Can deduction be claimed in more than one section of 54 simultaneously against the capital Gain arising out of transfer of Long Term Capital asset (Residential House Property).???
Avakash Garg (None) (38 Points)
07 July 2012Can any one tell...
Can deduction be claimed in more than one section of 54 simultaneously against the capital Gain arising out of transfer of Long Term Capital asset (Residential House Property).???
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 07 July 2012
you can claim deduction under section 54EC also
Parihar Gopal
(Corporate Taxation )
(392 Points)
Replied 07 July 2012
Avakash Garg
(None)
(38 Points)
Replied 07 July 2012
can deduction be clamed for both simultaneously??
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 07 July 2012
yes you can take deduction simultaneously if there is capital gain
Avakash Garg
(None)
(38 Points)
Replied 07 July 2012
can u all provide me the link in reference to such reply??
Ankush sharma
(Auditor Article Assistant)
(816 Points)
Replied 07 July 2012
yes sec 54 and sec54ec can be claimed
but i am concerned about sec 54 and sec54f also be claimed on single asset?
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