Exemption on capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 February 2014 Please explain provision regarding 54 F.

Whether after transfer of orginal property assesse can construct two houses?


24 February 2014 well no..as such you can construct only one house..however if you are constructing two housese side by side you might be able to claim deduction


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