can i take the advantage of sec 54f in two financial years for the same property

160 views 4 replies
I had purchased a house in f.y.16-17 and sold old jewelry worth Rd.7lacs .Again I sold jewellery worth Rd 2 lacs. My question is can I take the advantages for both financial year.
Replies (4)

Yes, provided  you had 'purchased ready house property', and you don't possess any more house property, other than the one purchased in preceeding year.

is it applicable if od loan taken against pledge of fixed deposits for housing purposes for deduction of both interest and repayment under 80C section and against property.pl.guide.
if any case law is there regarding the above sec54f
 
is it applicable if od loan taken against pledge of fixed deposits for housing purposes for deduction of both interest and repayment under 80C section and against property.pl.guide.

 

No

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads
Loading