SEC 54 F
This query is : Resolved
Guest
Guest
(Querist)
07 June 2009
SUPPOSE I HAVE 2 JEWEELARY SET WHICH I PURCHASED ON DIIFERENT YEAR AND ALSO I SOLD THEM IN DIIFERENT DATE BUT OF THE SAME P.Y.
TO GET FULL EXEMTION US 54F I PUCHASED A RESIDENTIAL HOUSE WHOSE COST IS EQUAL TO THE FULL VALUE CONSIDERATION OF BOTH JEWELLARY SET, SO WILL I GOT EXEMPTION FOR THE JEWEELARY SETS OR IT WILL ATTRIBUTABLE TO A SINGLE JEWEELARY SET?
TO GET FULL EXEMTION US 54F I PUCHASED A RESIDENTIAL HOUSE WHOSE COST IS EQUAL TO THE FULL VALUE CONSIDERATION OF BOTH JEWELLARY SET, SO WILL I GOT EXEMPTION FOR THE JEWEELARY SETS OR IT WILL ATTRIBUTABLE TO A SINGLE JEWEELARY SET?
08 June 2009
if gain from both sets are LTCG than no problem
08 June 2009
you will be entitled for deduction.
08 June 2009
Agree with the experts
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