Section 54F Exemption: No Tax Relief for Land with Both Residential House and Commercial Building. https://www.taxtmi.com/highlights?id=50004 Exemption u/s 54F - purchase of residential land - Nursing Home was constructed in addition to the residential house - No force in the argument that exemption is available for the entire land on which construction in respect of residential house as well as commercial building being nursing home have been done. en-us Sat, 02 Nov 2019 20:19:20 +0530 Sat, 02 Nov 2019 20:19:20 +0530 TaxTMI RSS Generator Section 54F Exemption: No Tax Relief for Land with Both Residential House and Commercial Building. https://www.taxtmi.com/highlights?id=50004 Exemption u/s 54F - purchase of residential land - Nursing Home was constructed in addition to the residential house - No force in the argument that exemption is available for the entire land on which construction in respect of residential house as well as commercial building being nursing home have been done. Highlights Income Tax Sat, 02 Nov 2019 20:19:20 +0530 https://www.taxtmi.com/highlights?id=50004