https://www.taxtmi.com/forum/issue?id=109313 Entitlement to exemption for long term capital gains reinvested in residential property depends on statutory scope and factual characterisation: the statute now limits exemption to acquisition of a single residential house in India, whereas earlier wording referred to a residential house, but case law has on occasions treated multiple jointly held acquisitions as a single asset, making detailed factual analysis determinative. en-us Wed, 21 Oct 2015 15:42:15 +0530 Thu, 23 Jan 2025 15:56:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109313 Entitlement to exemption for long term capital gains reinvested in residential property depends on statutory scope and factual characterisation: the statute now limits exemption to acquisition of a single residential house in India, whereas earlier wording referred to a residential house, but case law has on occasions treated multiple jointly held acquisitions as a single asset, making detailed factual analysis determinative. Discussion-Forum Income Tax Wed, 21 Oct 2015 15:42:15 +0530 https://www.taxtmi.com/forum/issue?id=109313