Section 54

This query is : Resolved 

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

26 March 2012 Can't say precisely because court's have taken divergent views based on the facts and circumstances of each case.

26 March 2012 Please give the judgement details and in the above question 2 houses are at different locations




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