Capital gain deduction
This query is : Resolved
25 March 2016
Assessee is having house one at his native place and the another one at the place of his service at other place. The house at native place is used only when the assessee goes to his native, sometimes it is used by his brother in absence of the assessee. The house at the place of his service is sold and another house is purchased in the same year within 2months of sell of the residential house property.
My question is can the assessee claim exemption if so under which section?
My question is can the assessee claim exemption if so under which section?
25 March 2016
Exemption can be claimed u/s.54.
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