Exemption in Capital Gain
This query is : Resolved
20 December 2010
Whether Section 54 & section 54EC can be claimed simultaneously for the transfer of a single Long term residential house property.
Nikhil Chhawchharia
Nikhil Chhawchharia
20 December 2010
Yes, Can Claim.
54Ec Upto 50 Lacs.
54Ec Upto 50 Lacs.
20 December 2010
I know we can claim 54EC upto 50 lacs rupees but whether exemption under both the section can be claimed together. Any source or reference for your answer.
20 December 2010
Yes you can claim.
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