Investment u/s 54F

Hi.... I think the exemption from both years will be available only when u r purchasing new house property of more value then the amount deposited in scheme.... Simplest reason being, in AY 09-10, the person got exemption for the amount he invested in scheme, so there seems no new reason for asking exemption in AY 10-11 (except the possibeility of PURCHASING AMOUNT OF NEW HOUSE > AMOUNT INVESTED IN SCHEME).... So, in AY 10-11 the amount for which exemption can be asked can be (PURCHASE PRICE - AMOUNT ALREADY DEPOSITED IN SCHEME).....

 

 

 

But this all is from my view, my understanding towards the topic, i suggest u to post this query under EXPERTS section.., coz thats really intelligent one.... If u get correct answer, do forward me too....