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Question ID : 1425

Income from House Property

one of the pre condition for cimg exeption u,s 54F is the assessee should not own more than one rential property. Does it mean that the assessee can actually own two rential property? one already existg and the one to be acquired out of the proceeds of asset transfered? '

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Posted by ashok on Jan 22, 2006
Filed Under DIRECT TAXES

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