{"id":25572,"date":"2023-10-24T15:53:58","date_gmt":"2023-10-24T10:23:58","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=25572"},"modified":"2025-05-18T16:08:19","modified_gmt":"2025-05-18T10:38:19","slug":"is-deduction-u-s-54-54f-can-be-claimed-simultaneously","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/is-deduction-u-s-54-54f-can-be-claimed-simultaneously\/","title":{"rendered":"Is Deduction u\/s 54 &#038; 54F can be claimed simultaneously"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e177dae14d4\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e177dae14d4\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/is-deduction-u-s-54-54f-can-be-claimed-simultaneously\/#Is_deduction_us_54_54F_of_the_Income_Tax_Act_be_claimed_simultaneously\" title=\"Is deduction u\/s 54 &amp; 54F of the Income Tax Act be claimed simultaneously?\">Is deduction u\/s 54 &amp; 54F of the Income Tax Act be claimed simultaneously?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/is-deduction-u-s-54-54f-can-be-claimed-simultaneously\/#What_will_be_nature_of_Capital_Gain_where_Depreciable_Asset_is_sold_after_a_period_of_36_months\" title=\"What will be nature of Capital Gain where Depreciable Asset is sold after a period of 36 months ?\">What will be nature of Capital Gain where Depreciable Asset is sold after a period of 36 months ?<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/is-deduction-u-s-54-54f-can-be-claimed-simultaneously\/#Section_54F_exemption_not_allowed_if_assessee_purchased_two_non-adjacent_flats_in_same_residential_society_HC\" title=\"Section 54F exemption not allowed if assessee purchased two non-adjacent flats in same residential society: HC\">Section 54F exemption not allowed if assessee purchased two non-adjacent flats in same residential society: HC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/is-deduction-u-s-54-54f-can-be-claimed-simultaneously\/#Key_Highlights_of_the_Ruling_Section_54F_One_Flat_One_Exemption\" title=\"Key Highlights of the Ruling: Section 54F One Flat One Exemption\">Key Highlights of the Ruling: Section 54F One Flat One Exemption<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/is-deduction-u-s-54-54f-can-be-claimed-simultaneously\/#Capital_Gain_Exemptions_comparison_summary\" title=\"Capital Gain Exemptions comparison summary\u00a0\">Capital Gain Exemptions comparison summary\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25573\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/LTCG-tax-exemptions-sec-54-54ec-54f.jpg\" alt=\"LTCG tax-exemptions-sec-54-54ec-54f\" width=\"1059\" height=\"471\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/LTCG-tax-exemptions-sec-54-54ec-54f.jpg 1059w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/LTCG-tax-exemptions-sec-54-54ec-54f-300x133.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/LTCG-tax-exemptions-sec-54-54ec-54f-1024x455.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/LTCG-tax-exemptions-sec-54-54ec-54f-768x342.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/LTCG-tax-exemptions-sec-54-54ec-54f-800x356.jpg 800w\" sizes=\"(max-width: 1059px) 100vw, 1059px\" \/><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Is_deduction_us_54_54F_of_the_Income_Tax_Act_be_claimed_simultaneously\"><\/span><span style=\"color: #000080;\"><strong>Is deduction u\/s 54 &amp; 54F of the Income Tax Act be claimed simultaneously?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Under Section 54 &amp; Section 54F investment in residential house has to be made within a period of 2 years from the date of sale of respective capital assets. A longer period of 3 years is available if you go for self-construction or booking an under-construction residential house.<\/li>\n<\/ol>\n<ol start=\"2\">\n<li>In the matter of Venkata Ramana Umareddy Vs Dy. CIT (ITAT Hyderabad) decision made by the Income Tax Appellate Tribunal : There is no specific bar in simultaneously claiming the exemption under both sections.<\/li>\n<\/ol>\n<ol start=\"3\">\n<li>We can conclude that a Taxpayer can claim income tax deduction u\/s 54 &amp; Section 54F simultaneously subject to that above has been acquired in conditions fulfilment of stipulated under the said respective sections.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"What_will_be_nature_of_Capital_Gain_where_Depreciable_Asset_is_sold_after_a_period_of_36_months\"><\/span><span style=\"color: #000080;\"><strong>What will be nature of Capital Gain where Depreciable Asset is sold after a period of 36 months ?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Unser Section 50 of Income Tax Act being a Deeming provision, its Operation is restricted, not to allow indexation advantage When taxpayer sold the depreciable Assets, Even if Holding period is more than thirty Six months.<\/li>\n<li>Once Depreciable Asset was hold for more than thirty Six months, Nature of Capital Gain is Long Term ( No Indexation benefit), and Tax to be deposited under section 112 @ 20%.<\/li>\n<li>Taxpayer can entitled to claim advantage of Section 54EC, Section 54 &amp; Section 54F , from that LTCG.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Section_54F_exemption_not_allowed_if_assessee_purchased_two_non-adjacent_flats_in_same_residential_society_HC\"><\/span>Section 54F exemption not allowed if assessee purchased two non-adjacent flats in same residential society: HC<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-28009\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/The-High-Court-held-that-the-phrase-a-residential-house-in-Section-54F-of-the-Income-Tax-Act-should-be-interpreted-strictly-to-mean-a-single-residential-unit.jpg\" alt=\"The High Court held that the phrase 'a residential house' in Section 54F of the Income Tax Act should be interpreted strictly to mean a single residential unit\" width=\"1280\" height=\"725\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/The-High-Court-held-that-the-phrase-a-residential-house-in-Section-54F-of-the-Income-Tax-Act-should-be-interpreted-strictly-to-mean-a-single-residential-unit.jpg 1280w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/The-High-Court-held-that-the-phrase-a-residential-house-in-Section-54F-of-the-Income-Tax-Act-should-be-interpreted-strictly-to-mean-a-single-residential-unit-300x170.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/The-High-Court-held-that-the-phrase-a-residential-house-in-Section-54F-of-the-Income-Tax-Act-should-be-interpreted-strictly-to-mean-a-single-residential-unit-1024x580.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/The-High-Court-held-that-the-phrase-a-residential-house-in-Section-54F-of-the-Income-Tax-Act-should-be-interpreted-strictly-to-mean-a-single-residential-unit-768x435.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/The-High-Court-held-that-the-phrase-a-residential-house-in-Section-54F-of-the-Income-Tax-Act-should-be-interpreted-strictly-to-mean-a-single-residential-unit-800x453.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p>The High Court&#8217;s ruling reaffirms that Section 54F of the Income Tax Act applies to the purchase or construction of &#8220;a residential house&#8221;, and this phrase should be interpreted strictly as a single residential unit. The court emphasized that if the assessee purchases two separate flats \u2014 even within the same residential society \u2014 which are not adjacent or combined into one unit, the benefit of Section 54F will not apply.\u00a0The High Court held that the phrase &#8216;a residential house&#8217; in Section 54F of the Income Tax Act should be interpreted strictly to mean a single residential unit<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Key_Highlights_of_the_Ruling_Section_54F_One_Flat_One_Exemption\"><\/span>Key Highlights of the Ruling: Section 54F One Flat One Exemption<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Strict Interpretation of &#8220;a Residential House&#8221;: The phrase &#8220;a residential house&#8221; under Section 54F has been interpreted to mean a single residential unit. If multiple independent residential units are purchased, the exemption cannot be claimed for both.<\/li>\n<li>Non-Adjacent Flats: The exemption will not apply to two flats unless they are combined into a single functional unit. Non-adjacent flats are treated as distinct residential properties, disqualifying the assessee from availing the exemption for both.<\/li>\n<li>Implication for Taxpayers: Assessees claiming Section 54F benefits must ensure that the property purchased constitutes one single residential house. The intent and functionality of the property as a single unit will be crucial in determining eligibility for the exemption.<\/li>\n<\/ol>\n<p>This judgment highlights the need for taxpayers to carefully evaluate the nature and structure of the residential property purchased when seeking benefits under Section 54F.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-28008\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/photo_2024-12-18_00-10-27.jpg\" alt=\"\" width=\"1280\" height=\"1280\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/photo_2024-12-18_00-10-27.jpg 1280w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/photo_2024-12-18_00-10-27-300x300.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/photo_2024-12-18_00-10-27-1024x1024.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/photo_2024-12-18_00-10-27-150x150.jpg 150w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/photo_2024-12-18_00-10-27-768x768.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/photo_2024-12-18_00-10-27-800x800.jpg 800w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h3 class=\"\" data-start=\"192\" data-end=\"229\"><span class=\"ez-toc-section\" id=\"Capital_Gain_Exemptions_comparison_summary\"><\/span><span style=\"color: #000080;\"><strong data-start=\"196\" data-end=\"229\">Capital Gain Exemptions comparison summary\u00a0<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29305\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/CAPITAL-GAIN-EXEMPTIONS.jpg\" alt=\"Capital Gain Exemptions comparison summary\u00a0\" width=\"967\" height=\"1252\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/CAPITAL-GAIN-EXEMPTIONS.jpg 967w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/CAPITAL-GAIN-EXEMPTIONS-232x300.jpg 232w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/CAPITAL-GAIN-EXEMPTIONS-791x1024.jpg 791w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/CAPITAL-GAIN-EXEMPTIONS-768x994.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2023\/10\/CAPITAL-GAIN-EXEMPTIONS-800x1036.jpg 800w\" sizes=\"(max-width: 967px) 100vw, 967px\" \/><\/p>\n<div class=\"_tableContainer_16hzy_1\">\n<div class=\"_tableWrapper_16hzy_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"231\" data-end=\"1620\">\n<thead data-start=\"231\" data-end=\"426\">\n<tr data-start=\"231\" data-end=\"426\">\n<th data-start=\"231\" data-end=\"245\" data-col-size=\"sm\"><strong data-start=\"233\" data-end=\"244\">Section<\/strong><\/th>\n<th data-start=\"245\" data-end=\"282\" data-col-size=\"md\"><strong data-start=\"247\" data-end=\"261\">Sale Asset<\/strong><\/th>\n<th data-start=\"282\" data-end=\"340\" data-col-size=\"md\"><strong data-start=\"284\" data-end=\"308\">Purchase Requirement<\/strong><\/th>\n<th data-start=\"340\" data-end=\"405\" data-col-size=\"md\"><strong data-start=\"342\" data-end=\"357\">Time Period<\/strong><\/th>\n<th data-start=\"405\" data-end=\"426\" data-col-size=\"sm\"><strong data-start=\"407\" data-end=\"424\">CGAS Required<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"625\" data-end=\"1620\">\n<tr data-start=\"625\" data-end=\"830\">\n<td data-start=\"625\" data-end=\"639\" data-col-size=\"sm\"><strong data-start=\"627\" data-end=\"633\">54<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"639\" data-end=\"684\">Residential house (Individual or HUF only)<\/td>\n<td data-col-size=\"md\" data-start=\"684\" data-end=\"745\">Residential house<\/td>\n<td data-col-size=\"md\" data-start=\"745\" data-end=\"810\">Within 1 year before or 2 years after sale<\/td>\n<td data-col-size=\"sm\" data-start=\"810\" data-end=\"830\">\u2705 Yes<\/td>\n<\/tr>\n<tr data-start=\"831\" data-end=\"1027\">\n<td data-start=\"831\" data-end=\"845\" data-col-size=\"sm\"><strong data-start=\"833\" data-end=\"840\">54B<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"845\" data-end=\"883\">Agricultural land<\/td>\n<td data-col-size=\"md\" data-start=\"883\" data-end=\"943\">Agricultural land (rural)<\/td>\n<td data-col-size=\"md\" data-start=\"943\" data-end=\"1007\">Entire sale consideration to be reinvested<\/td>\n<td data-col-size=\"sm\" data-start=\"1007\" data-end=\"1027\">\u2705 Yes<\/td>\n<\/tr>\n<tr data-start=\"1028\" data-end=\"1224\">\n<td data-start=\"1028\" data-end=\"1043\" data-col-size=\"sm\"><strong data-start=\"1030\" data-end=\"1043\">(2nd 54B)<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1043\" data-end=\"1080\">Any urban land<\/td>\n<td data-col-size=\"md\" data-start=\"1080\" data-end=\"1140\">Purchase within 3 years<\/td>\n<td data-col-size=\"md\" data-start=\"1140\" data-end=\"1204\">Land\/building held for 2 years prior to sale<\/td>\n<td data-col-size=\"sm\" data-start=\"1204\" data-end=\"1224\">\u2705 Yes<\/td>\n<\/tr>\n<tr data-start=\"1225\" data-end=\"1422\">\n<td data-start=\"1225\" data-end=\"1239\" data-col-size=\"sm\"><strong data-start=\"1227\" data-end=\"1234\">54D<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1239\" data-end=\"1277\">Industrial undertaking<\/td>\n<td data-col-size=\"md\" data-start=\"1277\" data-end=\"1337\">Purchase within 3 years<\/td>\n<td data-col-size=\"md\" data-start=\"1337\" data-end=\"1402\">Used for re-establishing industrial undertaking<\/td>\n<td data-col-size=\"sm\" data-start=\"1402\" data-end=\"1422\">\u2705 Yes<\/td>\n<\/tr>\n<tr data-start=\"1423\" data-end=\"1620\">\n<td data-start=\"1423\" data-end=\"1437\" data-col-size=\"sm\"><strong data-start=\"1425\" data-end=\"1433\">54EC<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"1437\" data-end=\"1475\">Any Long-Term Capital Asset (LTCA)<\/td>\n<td data-col-size=\"md\" data-start=\"1475\" data-end=\"1535\">Invest in specified infrastructure bonds (e.g. NHAI\/REC)<\/td>\n<td data-col-size=\"md\" data-start=\"1535\" data-end=\"1600\">Within 6 months; bonds must be held for minimum 5 years<\/td>\n<td data-col-size=\"sm\" data-start=\"1600\" data-end=\"1620\">\u2705 Yes<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\">\n<div class=\"absolute end-0 flex items-end\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<hr class=\"\" data-start=\"1622\" data-end=\"1625\" \/>\n<p data-start=\"1627\" data-end=\"1641\"><span style=\"color: #000080;\">Notes:<\/span><\/p>\n<ul data-start=\"1642\" data-end=\"2192\">\n<li class=\"\" data-start=\"1642\" data-end=\"1770\">\n<p class=\"\" data-start=\"1644\" data-end=\"1770\">CGAS = Capital Gains Account Scheme: Required if the capital gain is not fully utilized before the due date of ITR filing.<\/p>\n<\/li>\n<li class=\"\" data-start=\"1771\" data-end=\"1901\">\n<p class=\"\" data-start=\"1773\" data-end=\"1901\">Section 54 is for individuals\/HUFs only, on sale of residential property and reinvestment into another residential property.<\/p>\n<\/li>\n<li class=\"\" data-start=\"1902\" data-end=\"2006\">\n<p class=\"\" data-start=\"1904\" data-end=\"2006\">Section 54B applies only to sale of agricultural land and reinvestment into agricultural land.<\/p>\n<\/li>\n<li class=\"\" data-start=\"2007\" data-end=\"2087\">\n<p class=\"\" data-start=\"2009\" data-end=\"2087\">Section 54D pertains to compulsory acquisition of industrial undertakings.<\/p>\n<\/li>\n<li class=\"\" data-start=\"2088\" data-end=\"2192\">\n<p class=\"\" data-start=\"2090\" data-end=\"2192\">Section 54EC allows exemption by investing in notified bonds (up to \u20b950 lakhs per financial year).<\/p>\n<\/li>\n<\/ul>\n<p>Popular blog:<\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/publications\/all-the-provision-of-taxation-of-income-from-capital-gains.pdf\">All about the Income taxation on capital gain<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/archives\/summary-of-provision-of-capital-gains-charts-under-the-income-tax-1961.pdf\">Provision-of-capital-gains-charts<\/a><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/govt-needed-to-introduce-changes-in-nps-in-budget-2021\/\">Govt\u00a0 needed to introduce\u00a0 changes\u00a0 in NSP Budget 2021<\/a><\/strong><\/li>\n<li><a href=\"https:\/\/carajput.com\/publications\/all-the-provision-of-taxation-of-income-from-capital-gains.pdf\">All about the Income taxation on capital gain\u00a0<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/learn\/deductions-under-section-80ccd-of-income-tax-act.html\">Deduction u\/s 80CCD of Income Tax Act, 1961<\/a><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/publications\/all-the-provision-of-taxation-of-income-from-capital-gains.pdf\">All about the Income taxation on capital gain\u00a0<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/carajput.com\/blog\/delay-in-the-deposit-of-employer-provident-fund-during-lock-down-will-not-levy-any-penalty\/\">Delay in the deposit of Employer provident fund during the lockdown<\/a><\/strong><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/get-aware-for-penalty-of-section-234f-for-late-filing-of-itr\/\"><strong>Aware of the penalty of Section-234f for late filing of ITR<\/strong><\/a><\/li>\n<\/ul>\n<p>For query or help, contact: <a href=\"mailto:singh@carajput.com\">singh@carajput.com<\/a>\u00a0or call at \u00a09555555480<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is deduction u\/s 54 &amp; 54F of the Income Tax Act be claimed simultaneously? Under Section 54 &amp; Section 54F investment in residential house has to be made within a period of 2 years from the date of sale of respective capital assets. A longer period of 3 years is available if you go for &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10055],"tags":[5106],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/25572"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=25572"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/25572\/revisions"}],"predecessor-version":[{"id":29306,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/25572\/revisions\/29306"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=25572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=25572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=25572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}