14 August 2014
Rules under Section 54 if sold flat is in just my name and new purchase in the joint name of me and my husband. Will be eligible for rebate under section 54.
14 August 2014
if the property purchased earlier is a residential house, then you will get complete exemption from capital gains under section 54 by investing the capital gains so earned on the sale of the earlier property
where the property is not a residential house and as on sale of the property, you dont own more than one residential house, you can get exemption from capital gains under section 54F by investing the whole of the consideration received for purchase of a residential house.
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