Poonawalla fincorps
Poonawalla fincorps

Exemption u/s 54

This query is : Resolved 
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(Querist)
26 October 2013 Dear Sir,

whether assessesw entitled to exemption under section 54 in respect of

purchase of tenency rights in a residencial properties
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 October 2013 No, because section says purchase or construction of RESIDENTIAL HOUSS.
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
26 October 2013 Agree with Expert,
On purchase or construction of Residential property only...
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