Exemption under 54 & 54f combine
This query is : Resolved
24 November 2017
A person sells a residential Property and a commercial property and purchase a single residential property against both property sold. Both sold property are long term.
Whether assessee can claim benif for sale of two property(residential+commercial) and purchase one residential property u/s 54F at one place or has to claim benefit under 54 and 54F seperately?
Whether assessee can claim benif for sale of two property(residential+commercial) and purchase one residential property u/s 54F at one place or has to claim benefit under 54 and 54F seperately?
24 November 2017
For sold out properties 54 and 54F has to be claimed separately.
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