if an assessee is having more than one residential house / agriculture property ca he claim exemption u/s 54 / 54B if he sold one property and buy another one
Sonali
(Partner)
(43 Points)
Replied 21 December 2012
| Originally posted by : Roshan Akauntax Pvt. Ltd. | ||
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if an assessee is having more than one residential house / agriculture property ca he claim exemption u/s 54 / 54B if he sold one property and buy another one |
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yes, assesse can avail the exemption under sec 54 or 54B if an assessee having more than one residential house / agriculture property . Sec 54 B is applicable only to the individuals and not to othe assessee.
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