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Deduction U/S 54F

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(Querist)
28 June 2020 Whether Investment in Residential House can be claimed U/S 54F if the amount of Capital Gains is less than the amount of Investment.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 June 2020 To claim exemption under section 54F the entire net consideration has to be invested in the new house.

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