Capital gain u/s 54 f

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 February 2014 Dear friends

If i Have More Then one Residential House then i want buy another house in same city, whether can i claim 54 F or not.

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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28 February 2014 No the exemption will not be allowed for owning more than 2 houses but index cost will be allowed

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