Deduction - 54F- Clarification
This query is : Resolved
25 December 2008
U/s 54F, on the date of transfer, the assessee should not own more than one house, "is it including the new house or excluding the new house purchased or constructed"
25 December 2008
Excluding the house purchased or constructed in effect of this section.
25 December 2008
EXCLUDING THE NEW HOUSE RESIDENTIAL PREMISES ONLY
25 December 2008
Other than New House the assessee may have one more house
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