https://www.taxtmi.com/highlights?id=41139 Exemption u/s 54/54F - The assessee should not own more than one residential house, other than the new asset. The word used in the section is the residential house but not the commercial property. - Similarly, the property, of the wife cannot be attached to the assessee for the purpose of disallowing the deduction u/s 54F en-us Fri, 31 Aug 2018 08:51:21 +0530 Fri, 31 Aug 2018 08:51:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=41139 Exemption u/s 54/54F - The assessee should not own more than one residential house, other than the new asset. The word used in the section is the residential house but not the commercial property. - Similarly, the property, of the wife cannot be attached to the assessee for the purpose of disallowing the deduction u/s 54F Highlights Income Tax Fri, 31 Aug 2018 08:51:21 +0530 https://www.taxtmi.com/highlights?id=41139