https://www.taxtmi.com/forum/issue?id=1878 A taxpayer who sells a vacant residential house while owning another residential house may claim the capital gains exemption under section 54 for the transfer of house property; section 54F applies only to capital gains on transfer of assets other than house property and thus is not applicable to sale of a house. en-us Fri, 16 Apr 2010 05:39:10 +0530 Thu, 23 Jan 2025 15:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1878 A taxpayer who sells a vacant residential house while owning another residential house may claim the capital gains exemption under section 54 for the transfer of house property; section 54F applies only to capital gains on transfer of assets other than house property and thus is not applicable to sale of a house. Discussion-Forum Income Tax Fri, 16 Apr 2010 05:39:10 +0530 https://www.taxtmi.com/forum/issue?id=1878