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Please Help: Applicability of Section 54F or not

Posted Date : 04-Jan-2013 , 03:04:53 pm | Posted By: Manish Singhal

Category : Income Tax | Answers : 1| Comments : 0| Hits: 204

An individual assessee is having long term industrial undertaking & wants to sell it & plan Capital Gain, please reply if he can purchase Residential House & claim Sec.54F???

Answers:
   Answer by: CA Satuti Mahajan
yes
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