Poonawalla fincorps
Poonawalla fincorps

Deduction u/s 54

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 December 2017 DEar friends

A client of mine sold separate 3 residential flats. He would like to take the benefit of section 54 and reinvest the gains in 3 residential flats. Does section 54 give him the benefit
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 December 2017 Yes section 54 give him the benefit. One to one is allowed.

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