Capital gains exemption
This query is : Resolved
15 July 2013
Can an individual claim benefit of sec. 54 on purchase of 2-residential house property at different locations out of capital gains from sale of 1- house
15 July 2013
not possible.
15 July 2013
exemption to the extent -for 1st house will be available for the purpose of capital gain computation,
15 July 2013
https://taxguru.in/income-tax/deduction-5454f-dallowable-purchase-multiple-independent-house-units.html
15 July 2013
if it is passed, any state AP high court...it will restricted to that state. if it is passed in Supreme court then willbe allowed pan india.
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