The Basic Principles Of 54 cash

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Having said that, the exemption is subject matter for the money get not exceeding Rs 2 crore. Also, the exemption is out there just once from the lifetime of the vendor.

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In case the assessee buys or constructs a new household within the prescribed time limit right after advertising the outdated household assets, which happens to be an extended-phrase money asset, he / she can claim an exemption under Segment 54.

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