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Deduction u/s 54

Tax planning 598 views 6 replies

Can any one tell...

Can deduction be claimed in more than one section of 54 simultaneously against the capital Gain arising out of transfer of Long Term Capital asset (Residential House Property).???

Replies (6)

you can claim deduction under section 54EC also

yes  can get exemption under 54 & 54 EC

can deduction be clamed for both simultaneously??

yes you can take deduction simultaneously if there is capital gain

can u all provide me the link in reference to such reply??

yes sec 54 and sec54ec can be claimed

but i am concerned about sec  54 and sec54f also be claimed on single asset?


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