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Capital gain

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(Querist)
22 March 2013 one residential house property sold and two residential property purchased whether eligible for exemption u/s 54
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harleen batra

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harleen batra (Expert)
22 March 2013 yes, eligible
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Soumitra Basu

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Soumitra Basu (Expert)
23 March 2013 No. Only one residential property is eligible for deduction under section 54.
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