02 February 2012
Assesses sold a property of Rs 100 ( E.g.) as per Income tax U/s 54 he can get exempted own new Property of the amount sold if suppose he invested of Rs 80 in new Property & Remaining of rs 20 section 54 EC can he get RS 20 also exempted u/s 54 but how he can get a exempted which condition is apply to this