EASYOFFICE
EASYOFFICE

Sec 54f of Income Tax act

This query is : Resolved 

20 June 2022 I own 3 flats in chennai. I am selling a flat and buying a new flat. Can I claim LTCG exemption u/s54F....
I understand that 54f cannot be available if the assesse owns more than 1 house...

Should the flat which I am selling be included for determining the houses owned or it should be excluded...

Pl clarify.

20 June 2022 In your case section 54 exemption available.
Section 54F is for selling plot.

20 June 2022 Thank a lot sir.......


20 June 2022 You are welcome...
.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries