In regards to the Section 54 and 54F of the Income tax act.
Rahul Patel (Student CA Final ) (23 Points)
26 December 2022EXAMPLE:
If one Individual holds 3 Residential houses in its name and out of that 1 residential house if it solves out,
Then whether he/she can claim deduction u/s. 54 or 54F, by purchasing one more residential house.
And if not can you please elaborate the Section 54 and 54F.
Thanking you.