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Section 54

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(Querist)
26 March 2012 Whether I can buy more than 1 house and claim section 54 exemption for both house? or no exemption will be allowable as i had purchased two houses
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 March 2012 Can't say precisely because court's have taken divergent views based on the facts and circumstances of each case.
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Anand Modi

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Anand Modi (Querist)
26 March 2012 Please give the judgement details and in the above question 2 houses are at different locations
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