Relief under section 54 of the Income-tax Act, 1961.

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Full Text of the Document

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....tal gains arising from the transfer of a house property used for residence on fulfilment of certain conditions is available to an HUF. In other words, whether an HUF which transfers any house property which was being used by it for residence of its members during the two years immediately preceding the date of transfer and purchases new house property within one year of the date of transfer or con....