Vidyalelo
Commerce · Q745

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 745

Q745

Exemption, under Section 54F of the Income Tax Act, 1961, shall not be allowed if the assessee, on the date of transfer owns

A.
any residential house
B.
a residential house which is let out
C.
a house which is self occupied
D.
more than one residential house
Answer

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board