section 54
This query is : Resolved
04 January 2017
if i own 2 residential houses and I sold one of the residential house and purchased another house with the amount received from the sale of house property.Can I claim exemption u/s 54 of the income tax act?
04 January 2017
Yes u can claim that deduction u/s 54 if u have all details to support urself under that section. If u wanna know more regarding that section, visit the following link:-
http://www.incometaxindia.gov.in/Tutorials/16.%20Exemption%20under%2054.pdf
http://www.incometaxindia.gov.in/Tutorials/16.%20Exemption%20under%2054.pdf
04 January 2017
Yes u can claim that deduction u/s 54 if u have all details to support urself under that section. If u wanna know more regarding that section, visit the following link:-
http://www.incometaxindia.gov.in/Tutorials/16.%20Exemption%20under%2054.pdf
http://www.incometaxindia.gov.in/Tutorials/16.%20Exemption%20under%2054.pdf
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