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Capital Gain-Investment in House property
by Vijay Mehta on Jul 09, 2007 12:48 PM

I have sold one flat purchased in 1993, and want to invest in buying house. I have already one flat purchased in 1999,in same city on which I have availed capital gain tax benefits which was due to selling of shares in 1998.
Can I avail capital gain tax benefits under section 54 for buying second house in same city?

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