LAWyersclubindia LCI
Login  Register
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Section 54 of ltcg

(Querist) 28 January 2015 This query is : Resolved 
I am selling a house capital gain is 60L I am buying another house of Rs 50 L. 10 L Tax saving bond buying I have planned. Is it possible to invest both in House + Tax saving bond from single house's long term capital gain.
Regards
Chandra
Report Abuse
B.Chakrapani Warrier (Expert) 29 January 2015
Yes, section 54 and section 54 EC can claim simultaneously.
T. Kalaiselvan, Advocate (Expert) 31 January 2015
You may consult an auditor or a tax consultant for a proper opinion on the subject issue.

Previous
Next

You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :



Ask Query
Unanswered Queries

Laws Laws Follow us





Browse by Category

Stay updated with latest Posts!