https://www.taxtmi.com/caselaws?id=19824 Section 54 relief is available where the transferred property was mainly used by the assessee for residential occupation during the relevant period. Partial letting out of a small portion does not, by itself, defeat the exemption if the major portion of the building was used as a residence. The Madras HC noted that prior authority supports this approach and accepted the finding that the property was principally used for the assessee's residence, so the exemption was correctly granted. en-us Wed, 12 Jan 1994 00:00:00 +0530 Mon, 09 Nov 2009 18:43:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19824 Section 54 relief is available where the transferred property was mainly used by the assessee for residential occupation during the relevant period. Partial letting out of a small portion does not, by itself, defeat the exemption if the major portion of the building was used as a residence. The Madras HC noted that prior authority supports this approach and accepted the finding that the property was principally used for the assessee's residence, so the exemption was correctly granted. Case-Laws Income Tax Wed, 12 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19824