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sec54f

This query is : Resolved 
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(Querist)
24 February 2010 to claim exemption of sec54f, incase assesse is having two or three residential house... EMPTION IN THAT CASE????????
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CMA. Dinesh S Adhikari, ACMA

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CMA. Dinesh S Adhikari, ACMA (Expert)
24 February 2010 exemption in this case will not be available to the asseseee.....

but if he is having two houses and out of those houses he claims exemption on one house as a New Purchased Asset(if other conditions satisfied), then he can claim Sec 54F.

Regards!!!
Dinesh S. Adhikari
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Aditya Khurana

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Aditya Khurana (Querist)
24 February 2010 sir in case assessee is having 3 house prop in his own name.... and sell 1 of thm and buy a new house ....will exemption ll b entitled
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