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Sec. 54 claim

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2013 WE HAVE SALE A HUF HOUSE AND PURCHASES A NEW HOUSE IN THE NAME OF MY WIFE . CAN I CLAIM THE SEC. 54 FOR HUF RETURN
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
07 August 2013 The property should be in the name of the assessee who sold the property.
Accordingly, the new property should be purchased in the name of the HUF.

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