U/s 54 & other u/s 54f

Efiling 442 views 1 replies

Mr. A has following Long Term Capital Gain in the F.Y.2013-14

Sale of House Property  Rs. 1.5 Corores

Sale of Unquoted Shares   Rs.2 Corores
 
He does't have any residential house can he purchase 2 residential house one u/s 54 & other u/s 54F to exempt the capital gain.
Replies (1)

Yes, obviously because 21 capital gains are separate and will enjoy separate exemptions under separate sections


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register