Capital Gains on sale of one or more than one residential house property also eligible for exemption U/s.54
Capital Gains on Sale of Residential House Property – Utilised For Acquiring New Residential House Property – Eligible For Exemption U/S.54 In letter No. 207/24/76-(A-II), Dated 25-3-1977 the CBDT has clarified that section 54 lays emphasis on the use of the property mainly for the purpose of assessee or his parents own residence. If an […]
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