Whether exemption under sec 54 F is available to non resident individuals?
Shriti Daga (Chartered Accountant) (102 Points)
14 January 2010Whether exemption under sec 54 F is available to non resident individuals?
Hareesh H Sharma
(Cleared IPCC..now article)
(894 Points)
Replied 14 January 2010
I think it jus says 54F is available to individuals and HUF..it doest specify resident
CA.Tarun Maheshwari
(CA, DISA)
(7150 Points)
Replied 14 January 2010
Yes. It is available to NRIs also.
Amir
(Learner)
(4016 Points)
Replied 14 January 2010
Dear Shriti,
As rightly said by other friends, Exemption u/s 54 F is available to Individuals & HUF's whethet Resident or not.
C.Balaji
(Learner)
(1867 Points)
Replied 16 January 2010
Agree with all, 54F - available to Individuals & HUF whether Resident or not