House with Mother's Life Interest Excluded from Residential Property Count for Section 54F Tax Exemption Eligibility.

House with Mother's Life Interest Excluded from Residential Property Count for Section 54F Tax Exemption Eligibility. https://www.taxtmi.com/highlights?id=30084 House property conveyed to the assessee by means of settlement deed subject to his mother's life interest over such property cannot be considered as one of the residential houses for the purpose of denying exemption u/s 54F for counting more than one house property en-us Mon, 04 Jul 2016 16:05:16 +0530 Mon, 04 Jul 2016 16:01:59 +0530 TaxTMI RSS Generator House with Mother's Life Interest Excluded from Residential Property Count for Section 54F Tax Exemption Eligibility. https://www.taxtmi.com/highlights?id=30084 House property conveyed to the assessee by means of settlement deed subject to his mother's life interest over such property cannot be considered as one of the residential houses for the purpose of denying exemption u/s 54F for counting more than one house property Highlights Income Tax Mon, 04 Jul 2016 16:05:16 +0530 https://www.taxtmi.com/highlights?id=30084