Section 54F income tax


This query is : Resolved 

Quick Summary
This discussion clarifies whether you can claim the Section 54F income tax exemption when purchasing a new residential flat while retaining your existing one. The answer is yes, you can still avail of the Section 54F exemption even if you already own a residential property.

13 June 2025 i am having one residential flat. i want to purchase new flat for taking the benefit section 54f in income tax keeping old one . means two properties will be in my name.
can I take benefit of section 54F ?

13 June 2025 Yes, sec 54F exemption can be availed even if you have existing one HP.

27 September 2025 Good luck..


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Follow