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Exemption u/s 54

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 May 2017 whether exemption u/s 54 can be availed for purchasing two flats
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
31 May 2017 Purchase of only one house is allowed.
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CA B.S.Sridhar

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CA B.S.Sridhar (Expert)
31 May 2017 No. It will be available only for purchase of One House Property.
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Querist : Anonymous

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Querist : Anonymous (Querist)
31 May 2017 thanks both of you for your suggestion
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