Sec 54 exemption

Pratik khilari (CA FINAL) (75 Points)

27 June 2019  
Please help.

Assessee has sold 2 house properties having long term capital gains of ₹ 2389000 and ₹103200/- respectively.

Now he has invested 6mths earlier of this sale transaction, a house property with ₹75 lakhs.

Shall he be eligible for deduction u/s 54 in respect of both flats sold ??

thanking you in anticipation.