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Section 54f

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 January 2013 i have only one residential house. i also sold a plot in apr 2012. after this i construct a new floor at my home in oct 2012. can i get exemption u/s 54F of this construction
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
25 July 2013 It is only one house and not a flat so it is applicable you can claim but the requirement is that you must complete the required formalities as per the provisions fo Section 54F(4)

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