Poonawalla fincorp
Poonawalla fincorp

Capital gain

This query is : Resolved 
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(Querist)
08 September 2011 Hi all

If i invest in a residential prop according to 54f will i get exemption even for interiors exp ?
or only for prop value ?
Eg: 5lacs house value + Furnitures 2lacs
so for calculating 54f shoul i take 5lacs or 2 lacs
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CA Navin Jain

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CA Navin Jain (Expert)
08 September 2011 IF FURNITURE VALUE IS INCLUDING IN PROPERTY VALUE THEN YOU CAN CLAIM RS. 7 LACS.

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