Capital gain
This query is : Resolved
28 June 2012
I wish to know how may time Capital Exemption under Section 54-f is available for a individual.
28 June 2012
There is no limit on the number of times exemption u/s 54 can be claimed.
Whenever an individual sells a long term capital asset being a residential house property he can claim exemption u/s 54.
Whenever an individual sells a long term capital asset being a residential house property he can claim exemption u/s 54.
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