29 December 2010
Hi, My question is as follows, Suppose Mr A have 2 houses, 1st one is used for residential purpose & 2nd is used for the purpose of business. Now Mr A sold both the houses & earn a Capital gain Income from House A(7 lac) & from House B (12 lac,Net Consideration rs 25lac).& Purchase a new house for Rs 35lac.
NOW i want to know that How i can cliam the deduction u/s 54 / 54F.
CAclubindia
