exemption u/s 54 & 54EC

kaustubh ketkar (investment advisor) (40 Points)

06 October 2017  
can exemption be claimed simultaneously u/s 54 & 54EC in respect of capital gain on sale of a single house property. E.g. if LTCG is 80 lakh can assessee invest 40L in capital gain bonds & buy new house for 40L to claim exemption?