Capital Gain on sale of Residential Flat
This query is : Resolved
03 January 2021
Assesse sold one residential flat (He also has another House Property so Total two on the date of sale of flat) and invested the same in another House Property. Please give clarification whether he is eligible for exemption u/s 54.
03 January 2021
Yes, he is eligible for exemption under section 54.
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