Sec 54f exemption and lateron let out
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 November 2011
my client a huf got exemption for six flats u/s 54F (WITH THE SUPPORT of Rukminamma case). can he now let out five flats for rent.? ofcourse he is not selling any of the flats nor purchasing / constructing any other
house property.
house property.
27 November 2011
Yes, he can let out five flats for rent.
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