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Sale of property

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(Querist)
08 June 2019
Sir,

My Father in law sold his property for 2.05crores and then purchased 2 independent house one for his daughter and self occupy. How Income Tax will be computed?
Thank you
Vinod
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Amol S Joglekar

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Amol S Joglekar (Expert)
10 June 2019 he can claim the exemption of buying 2 houses.

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