https://www.taxtmi.com/caselaws?id=378269 The High Court allowed the Assessee's appeal, holding that the Assessee-HUF was entitled to exemption under Section 54 for investments in multiple residential houses and the Capital Gains Account Scheme. The Court emphasized the legislative intent and judicial precedents supporting a broader interpretation of "a residential house" to include multiple houses, especially for HUFs, prior to the 2015 amendment. The Court set aside the Tribunal's order, answering the substantial questions of law in favor of the Assessee. en-us Thu, 14 Mar 2019 00:00:00 +0530 Mon, 06 Apr 2026 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378269 The High Court allowed the Assessee's appeal, holding that the Assessee-HUF was entitled to exemption under Section 54 for investments in multiple residential houses and the Capital Gains Account Scheme. The Court emphasized the legislative intent and judicial precedents supporting a broader interpretation of "a residential house" to include multiple houses, especially for HUFs, prior to the 2015 amendment. The Court set aside the Tribunal's order, answering the substantial questions of law in favor of the Assessee. Case-Laws Income Tax Thu, 14 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378269