Exemption under section 54 (a.y.2014-15)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 January 2015
I HAVE INCOME FROM SALE OF MY HOUSE IN THIS YEAR..CAN I INVEST THIS MONEY IN BUYING TWO RESIDENTIAL HOUSES TO GET EXEMPTION UNDER SECTION 54?
05 January 2015
allowed but must be invested within time limit u/s 54.
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