EASYOFFICE
EASYOFFICE

Exemption u/s 54f

This query is : Resolved 

24 September 2014 my client has sold one commercial property for 15 lakhs and invested entire amount in new residential house but in the joint names of himself and his spouse. my query is can he claim entire amount invested in residential house u/s 54F.

24 September 2014 generally courts have allowed exemption in similar cases. so you do stand a good chance

30 September 2014 yes there will be no issue in this case...........




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