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capital gains

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(Querist)
27 April 2009 if i have two residential house and one is held as investment and i sell that house can i take its exemption u/s 54f as it is an investment for purchase of other house.
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chetan soni

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chetan soni (Expert)
27 April 2009 Yes , you can claim that as you have showed one house as investment in your books of account.

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