Taxation

YAGNESH HASMUKH DAVE (Querist) 01 April 2014 This query is : Resolved
I AM HAVING RESIDENTIAL CHAWL,SELF OCCUPIED BLDG, AND ALSO 2 RESIDENTIAL FLATS THE RESIDENTIAL CHAWL AND THE FLATS ARE ON RENTED DURING THE AY-2012/13 I HAVE SOLD LAND AND OUT OF SALE PROCEEDS OF LAND I HAVE PURCHASED ANOTHER RESIDENTAIL FLAT FOR RS 80,00,000/- WHETHER THE SAID FLAT PURCHASED BY ME CAN I ENTITLED FOR DEDUCTION U/S 54F BEING INVESTMENT IN NEW RESIDENTIAL FLAT EVETHOUGH I AM ALREADY HAVING 2 RESIDENTAIL FLATS ON RENTED OUT PL EXPLAIN

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