Sec 54 exemption in case of purchase on son's name


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Quick Summary
If you sell a house and reinvest the proceeds into another residential property, you can claim Section 54 exemption even if the new property is purchased in your son's name. Ensure all relevant documentation is readily available to support your claim. This exemption aims to encourage reinvestment in residential property.

07 August 2025 What if i sold one house and invest the same amount in another residential property but property purchased on my son's name ?
Can I claim sec 54 exemption or not??

07 August 2025 Yes, you can. In case of query keep all the documents ready.

24 September 2025 Good Luck...


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