https://www.taxtmi.com/news?id=946 Exemption for capital gains via investment in residential house property is confined to construction or purchase of a house; renovation or modification does not qualify. Addition of a self-contained floor constitutes qualifying construction, whereas mere increase in plinth area as a modification of an existing house does not satisfy the investment requirement for the exemption. en-us Mon, 20 Jul 2009 02:45:58 +0530 Mon, 20 Jul 2009 02:45:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=946 Exemption for capital gains via investment in residential house property is confined to construction or purchase of a house; renovation or modification does not qualify. Addition of a self-contained floor constitutes qualifying construction, whereas mere increase in plinth area as a modification of an existing house does not satisfy the investment requirement for the exemption. News - Mon, 20 Jul 2009 02:45:58 +0530 https://www.taxtmi.com/news?id=946