Sec 54
Rajat Soni (Service) (255 Points)
06 May 2017
Can a person having more than one house claim the exemption under sec 54 of income tax act
4 Replies
RAMA KRISHNAN
(247 Points)
Replied 06 May 2017
yes 54 deduction can be claimed but not 54F deduction
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 06 May 2017
Yes u can claim exemption u/s 54 after having more than 1 house
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13709 Points)
Replied 08 May 2017
But the exemption will be available in respect of only one house i,e, investment in one house only is permitted now.
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