I have sold my house for say Rs. 50 Lakh and sold old Jewellery for Rs. 25 Lakh and bought new house flat for Rs. 75 Lakh. Can I claim exemption u/s 54 & 54F simultaneously? If yes, In which proportion I can disclose value of new house property (Rs. 75 Lakh) in both of these sections in ITR.
CAclubindia
