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Exemptions u/s 54

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 February 2012 Dear experts one of my client is in receipt of long term capital gains on the sale of his house property, can he purchase two or more properties to avail the exemption u/s 54, he do not have property in his name, and he has availed the exemption u/s 54EC

pl clarify
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CA. ANKUR JAIN

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CA. ANKUR JAIN (Expert)
19 February 2012 He can purchase two properties
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