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SEC 54

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01 December 2009 Dear all,

Pls tell me that in case assesse has 2 house of which he sales one house then can he claim exmp u/s 54 by invest in new house as per provision of sec 54..
Here the restriction of 2 house as in case of Sec 54 F wont apply na?


Regards,
Varsha

02 December 2009 Hi Varsha, you are absolutely right. there is no such restriction. Regards,
CA Shakuntala Chhangani

02 December 2009 u r 100% correct varsha.............






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