Examveda

The following exemption acts mandate that house should be purchased by assessee and it does not stipulate that house should be purchased in name of assessee. Property purchased by assessee in joint name with his wife for 'shagun' purpose because of fact that assessee was physically handicapped and the whole consideration was paid by assessee, assessee entitled to exemption under the same act. What is the act?

A. Section 54F

B. Section 52F

C. Section 46A

D. Section 50B

Answer: Option A


This Question Belongs to Commerce >> Income Tax And Corporate Tax

Join The Discussion

Related Questions on Income Tax and Corporate Tax