Section 54
This query is : Resolved
31 December 2018
Hii,
Can i claim exemption U/s 54 for consideration of sale of residential plot by Investing In another residential plot of land in urban area??
Can i claim exemption U/s 54 for consideration of sale of residential plot by Investing In another residential plot of land in urban area??
01 January 2019
section 54 benefits are applicable only on residential house. Just a piece of residential plot is not eligible for section 54 benefits.
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