menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Income Tax
  4. Exam
    Exam 5: Taxation and Depreciation Rates
  5. Question
    Exemption U/s 54 Is Allowed When a Residential House Is
Solved

Exemption U/s 54 Is Allowed When a Residential House Is

Question 3

Question 3

Multiple Choice

Exemption u/s 54 is allowed when a residential house is sold and the investment is made in .............................


A) another residential house.
B) land.
C) shares.
D) jewellery.

Correct Answer:

verifed

Verified

Related Questions

Q1: Long term capital gain on sale of

Q2: . Cost of long term debentures are.....................<br>A)eligible

Q4: Additional depreciation is allowed at half the

Q5: Unabsorbed capital expenditure on scientific research can

Q6: Contribution made to an approved research association

Q7: To be a long term capital asset,

Q8: Income from sale of rural Agricultural land

Q9: Statutory limit for exemption of compensation received

Q10: Which one of the following is not

Q11: Under section 44AB 'specified date' means, ...............................<br>A)30th

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines