Hi Everyone...
Plz resolve my query regarding 54F
The assessee has given 58% of his land to Joint developement and go 42% of superbuilt up area as a consideration... which comes to 3 Flats... Can he claim the Exemption U/s 54F for al 3 Flats considering it as one residential unit or in any other way???
I think they won't be considered as one residential unit, but 3 different residential flats.... So, exemption will be considered in that way only....
But, let others reply too
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