https://www.taxtmi.com/highlights?id=45188 Deduction claimed u/s 54 - There being no pre–condition u/s 54(1) providing for investment of the long term capital gain in purchase of new house for claiming deduction u/s 54 - If other or borrowed fund is used then also deduction is allowable as investment is more than capital gain. en-us Sat, 16 Mar 2019 08:23:37 +0530 Sat, 16 Mar 2019 07:31:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45188 Deduction claimed u/s 54 - There being no pre–condition u/s 54(1) providing for investment of the long term capital gain in purchase of new house for claiming deduction u/s 54 - If other or borrowed fund is used then also deduction is allowable as investment is more than capital gain. Highlights Income Tax Sat, 16 Mar 2019 08:23:37 +0530 https://www.taxtmi.com/highlights?id=45188