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Section 54F

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 January 2011 Is it allowed to claim u/s 54F if amt. of capital gain on sale of existing residential house property is invested in 2 house properties viz. 1st in mumbai & 2nd in Ahmedabad?
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
12 January 2011 Yes,allowed to purchase more than 1 house.

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