If a Person have two flat and he sold first flat and sale amount invested in second flat for constrution of floor
Whether it is eligiable for exemption u/s 54
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Replies (12)
yes i think its eligible under sec 54
Yes it eligible for exemption u/s 54
It cann't be allowed under circutances if such amount invested for renewal of second flat
If the construction results in a new dwelling unit, then it will be exempted u/s 54
| Originally posted by : Deepak Gupta | ||
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If the construction results in a new dwelling unit, then it will be exempted u/s 54 |
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If the construction results in a new dwelling unit, then it will be exempted u/s 54
| Originally posted by : Puneet Dham | ||
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Originally posted by : Deepak Gupta If the construction results in a new dwelling unit, then it will be exempt u/s 54 |
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Agree
Yes it is eligible for exemption u/s 54
| Originally posted by : Deepak Gupta | ||
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|
If the construction results in a new dwelling unit, then it will be exempted u/s 54 |
|
yes it is eligible for exemption u/s 54
yes eligile for xemption u/s 54
| Originally posted by : Deepak Gupta | ||
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If the construction results in a new dwelling unit, then it will be exempted u/s 54 |
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if he invested with in one year in case of purchase or with in 2 years in case of construction then he can cliam exemption
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