Deduction u/s 54 ec

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 July 2013 sir

can the capital gain on property( in joint name of husband and wife} sold out be invested by joint holders separately upto the limit of 50 lakh each.

29 July 2013 EACH CO-OWNER IS SEPARATELY ELIGIBLE TO CLAIM THE EXEMPTION U/S 54EC. BOTH CAN CLAIM.
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