Question And Answer
Subject: Sec 54F
Category: 
Querist: Rajendra P Shah
Answered by: Reply of the Expert is awaited;
Tags:
Date: September 28, 2024
Query asked by Rajendra P Shah

Sir,

Assessee an individual sold shares and earned long term capital gains (AY 2024-25).  Invested in two adjoining flats by two seperate agreements, making two flats as one.  Whether can claim exemption u/s 54F – refer word ONE  residential house in Sec 54F.

Please provide supportive case laws

File Uploaded: Not Available


Answer given by
Reply of the Expert is awaited. Please check back later

Disclaimer: This article is only for general information and is not intended to provide legal advice. Readers desiring legal advice should consult with an experienced professional to understand the current law and how it may apply to the facts of their case. Neither the author nor itatonline.org and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any inaccurate or incomplete information in this article nor for any actions taken in reliance thereon. No part of this document should be distributed or copied (except for personal, non-commercial use) without express written permission of itatonline.org

Leave a Reply

Your email address will not be published. Required fields are marked *

*