Sec. 54

urvi jitendra bhavsar (CA Final Student) (116 Points)

28 July 2010  

hiiiiiiiiiii...............all............

Pls solve my query..............

My client has sold his residential HP which was in his name( ie owner of the flat). And then purchased another residential HP. But this new HP is in the name of his Son & my client's name stands as 2nd holder.

Will my client be entitle to get exemption u/s 54????