02 October 2013
Hello Sir, capital gain made on sale of house property exemption u/s 54 can claim in investment in Other Existing house property Assessee has two houses
02 October 2013
If such existing house property is purchased or constructed with in one year before from the date of capital gain arises then you can claim such exemption.
03 October 2013
But sir The existing House property Exist from old time and now we want to construct new floor on this building it`s not a new building