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Deduction - 54F- Clarification

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(Querist)
25 December 2008 U/s 54F, on the date of transfer, the assessee should not own more than one house, "is it including the new house or excluding the new house purchased or constructed"
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CA. Dashrath Maheshwari

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CA. Dashrath Maheshwari (Expert)
25 December 2008 Excluding the house purchased or constructed in effect of this section.
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
25 December 2008 EXCLUDING THE NEW HOUSE RESIDENTIAL PREMISES ONLY
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
25 December 2008 Other than New House the assessee may have one more house

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