31 March 2024
1. I want to sell a residential plot and partially invest in a new house to avail deduction u/s 54F. As at present I have two houses one in my name and other jointly with my wife who is a working lady. Can I gift my share in joint house to my wife before selling the plot to avail deduction u/s 54F. Can it be by way of registering gift deed or by way of sale deed. 2. Can I claim both 54EC and 54F in above case.
CAclubindia
