Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 December 2013
can exemption of section 54 be claimed if an assesse sells 2 houses in a span of 2 fy and buys 1 house?
31 December 2013
yes it can be done so. There is no violation of section 54 if we sell two houses and invest the capital gains in one property.
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