Query on investment under section 54

Can Exemption under Section Section 54 be claimed from Long Term Capital Gains Tax for  selling a Residential Property and investing the entire or part of the LTCG in purchasing more than one residential  Property within the stipulated periods .    Kindly advise.

 

 

Replies (1)

Finance No.2 Act 2014 specifically says that exemption can be availed only for one residential unti. So no

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