Sec 54 exemption

This query is : Resolved 

29 June 2010 u/s 54 whether the exemption for purchase of house property is restricted only one house?



29 June 2010 Exemption is not restricted to purchase of one House.A person may purchase two house or one can purchase a house and construct a floor on the house purchased or one may sell two house and may purchase one house property for availing exemption

29 June 2010 Agreed


29 June 2010 Agreed



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