i had doubt regarding HUF if a person(also a karta of HUF) sold a property and invested the proceeds in the construction of new house of huf, is it eligible for exemption?
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54 f
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Dear Srikanth.....
I could not get ur point..........
But Sec 54 is available to HUF also.....Transfer of a Res. house and pur or construction of a new res. house......
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