Section 54f and housing loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 May 2014
SECTION 54F AND HOUSING LOAN
can 54F be claimed?
1.Building sold on 02-05-2014 Rs.65,00,000
2.Residential house constructed on 31st July 2013. Value Rupees 80,00,000
3.Housing Loan amount is Rs. 15,00,000.
Can 54F be claimed?
can 54F be claimed?
1.Building sold on 02-05-2014 Rs.65,00,000
2.Residential house constructed on 31st July 2013. Value Rupees 80,00,000
3.Housing Loan amount is Rs. 15,00,000.
Can 54F be claimed?
21 May 2014
Not eligible to claim 54F since the construction preceded the sales.
Message likes :
1 times
Rupesh Jain
(Expert)
21 May 2014
no eligible for u./s 54F due to in section
purchase before one year from date of transfer.
purchase before one year from date of transfer.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
