Exemption in Capital Gain

This query is : Resolved 

20 December 2010 Whether Section 54 & section 54EC can be claimed simultaneously for the transfer of a single Long term residential house property.

Nikhil Chhawchharia

20 December 2010 Yes, Can Claim.
54Ec Upto 50 Lacs.

20 December 2010 I know we can claim 54EC upto 50 lacs rupees but whether exemption under both the section can be claimed together. Any source or reference for your answer.


20 December 2010 Yes you can claim.



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