https://www.taxtmi.com/forum/issue?id=111884 Whether an exemption under section 54F claimed on investment of capital gains in the purchase of a new residential plot and construction of a house remains valid if the taxpayer, for lack of other income, uses the newly constructed house for commercial purposes (renting it out for parties) instead of as a residence. en-us Sun, 07 May 2017 14:06:33 +0530 Thu, 23 Jan 2025 15:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111884 Whether an exemption under section 54F claimed on investment of capital gains in the purchase of a new residential plot and construction of a house remains valid if the taxpayer, for lack of other income, uses the newly constructed house for commercial purposes (renting it out for parties) instead of as a residence. Discussion-Forum Income Tax Sun, 07 May 2017 14:06:33 +0530 https://www.taxtmi.com/forum/issue?id=111884