Capital gain
This query is : Resolved
01 February 2017
1.)can assessee get exemption both u/s 54 and 54EC simultaneously for 1 capital gain?
2.)u/s 54 can assesse purchase property jointly with relative?
01 February 2017
1. Yes.
2. No, reinvestment should be in assessee's own name.
2. No, reinvestment should be in assessee's own name.
01 February 2017
sir if cap gain is Rs.50L.
can assesse purchase house property u/s 54 of rs. 1cr. with his daughter, both investing rs. 50L
19 October 2021
Yes
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