https://www.taxtmi.com/caselaws?id=358950 The Tribunal allowed the appeal, granting the assessee the benefit of Section 54F for the investment in two flats within the same building. The Tribunal interpreted "a residential house" broadly to include multiple units, aligning with judicial precedents. It emphasized considering legislative intent and judicial interpretations when applying tax provisions, overturning the disallowance of the exemption under Section 54F by the AO and CIT(A). en-us Tue, 17 Apr 2018 00:00:00 +0530 Sat, 21 Apr 2018 09:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358950 The Tribunal allowed the appeal, granting the assessee the benefit of Section 54F for the investment in two flats within the same building. The Tribunal interpreted "a residential house" broadly to include multiple units, aligning with judicial precedents. It emphasized considering legislative intent and judicial interpretations when applying tax provisions, overturning the disallowance of the exemption under Section 54F by the AO and CIT(A). Case-Laws Income Tax Tue, 17 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358950