if a person purchases a new house within the time limits specified in sec 54 by taking a loan after selling his old house, then can he claim deduction u/s 54 as well as sec 80C(for principal component at the time of repayment of loan)?????
Vicky (CA, LCS,MCOM,) (136 Points)
03 September 2010if a person purchases a new house within the time limits specified in sec 54 by taking a loan after selling his old house, then can he claim deduction u/s 54 as well as sec 80C(for principal component at the time of repayment of loan)?????
CA Final
(CA Final Student)
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Replied 03 September 2010
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