SEC 54
This query is : Resolved
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
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
CA Shakuntala Chhangani
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02 December 2009
u r 100% correct varsha.............
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