Suppose that a HUF has taken exemtion u/s 54F in this year, whether the member of HUF can purchase one more house with in the same year?
1 Replies
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 14 March 2013
Yes, Member and HUF are different entities.
Anuj
femaquery @ gmail.com
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