Sec 54

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Can a person having more than one house claim the exemption under sec 54 of income tax act
Replies (4)

yes u can

yes 54 deduction can be claimed but not 54F deduction
Yes u can claim exemption u/s 54 after having more than 1 house

But the exemption will be available in respect of only one house i,e, investment in one house only is permitted now.

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