If I sell a non agricultural plot, can I use the proceeds to buy two residencial houses? I already posess one residencial property.
If I sell a non agricultural plot, can I use the proceeds to buy two residencial houses? I already posess one residencial property.
You can save income tax on capital gain u/s 54F by buying/constructing a residential house property.
Tax benefit would be available only against a single property and not on two.