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Investment in house property


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.

OM SAI SRI SAI JAI JAI SAI

02 October 2013 Agree with Expert


02 October 2013 You can claim Exemption U/S 54 for investing in other house.


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



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