Menu
exemption u/s 54
can exemption be allowed to a person separately u/s54 if a person sells two properties and also bought two new properties in the same year
Replies (2)
I think ONLY one residential house property should be acquired in India in order to CLAIM EXEMPTION u/s 54.
No. As per Section 54 Only obe residential property should be bought.
Tax Planning:
Sell One property in one A.Y. and another in Second.
Tax Planning:
Sell One property in one A.Y. and another in Second.
Recent Topic
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
Related Topics
CAclubindia
