Can one claim exemption from capital gains u/s 54 & 54F simultaneously for buying one house only !


Section 54 provides exemption if you sale a residential house and buy a residential house. Section 54F provides exemption if one sales capital asset other than residential house and buy residential house. Interesting question has been asked by Kennedy of  Chennai on claim of exemption from capital gains on sale of land , building and house. Here is his…

This content is for annual and Semi Annual members only.

Log In Register

Comments are closed.