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<h1>Amendment to Section 54F: Tax Benefit Now Limited to One Residential House in India from April 1, 2015.</h1> Section 54F of the Income-tax Act was amended by the Finance (No. 2) Act, 2014. The amendment modifies sub-section (1) by replacing the phrase 'constructed, a residential house' with 'constructed, one residential house in India.' This change is effective from April 1, 2015, and clarifies that the tax benefit under this section applies specifically to the construction of one residential house within India.