Exemption U/S 54
This query is : Resolved
Guest
Guest
(Querist)
29 January 2010
Dear Sir,
In case assessee purchases more than one residential house, than may he claim exemption for all the residential houses purchased u/s 54 or exemption is available only in respect of one residential house.
Thanks.
Yours Truly,
Kunal Agrawal
In case assessee purchases more than one residential house, than may he claim exemption for all the residential houses purchased u/s 54 or exemption is available only in respect of one residential house.
Thanks.
Yours Truly,
Kunal Agrawal
30 January 2010
exemption can be claimed only against one house property
30 January 2010
In case the assessee has purchased more than one house/flat within the period prescribed in section 54, it is for the assessee to claim relief against the purchase of any one of the house/flat provided the other conditions mentioned in the section are satisfied.
K.C. Kaushik v. P.B. Rane, ITO [1990] 84 CTR (Bom.) 62
K.C. Kaushik v. P.B. Rane, ITO [1990] 84 CTR (Bom.) 62
30 January 2010
AGREE TO EXPERTS.
30 January 2010
AGREE TO EXPERTS.
30 January 2010
agree to experts
30 January 2010
agree
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- GST ON DAMAGED GOODS
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Specified Profession
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
