Section 54f and housing loan

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Querist : Anonymous

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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?

21 May 2014 Not eligible to claim 54F since the construction preceded the sales.

21 May 2014 no eligible for u./s 54F due to in section
purchase before one year from date of transfer.


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