https://www.taxtmi.com/highlights?id=53335 Deduction u/s 54F - delay in delivery of possession of the property - investment of the entire capital gains for construction of a residential house within the stipulated period alone is relevant, and delivery of possession by the builder/promoter of the assessee of the said residential house cannot be a ground to deny the assessee deduction under Section 54F of the Act, for the reason that the assessee has no control over the actions of the builder/promoter and he cannot be punished for the delay on the part of the builder/promoter in delivering possession. en-us Fri, 08 May 2020 11:41:08 +0530 Fri, 08 May 2020 11:41:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53335 Deduction u/s 54F - delay in delivery of possession of the property - investment of the entire capital gains for construction of a residential house within the stipulated period alone is relevant, and delivery of possession by the builder/promoter of the assessee of the said residential house cannot be a ground to deny the assessee deduction under Section 54F of the Act, for the reason that the assessee has no control over the actions of the builder/promoter and he cannot be punished for the delay on the part of the builder/promoter in delivering possession. Highlights Income Tax Fri, 08 May 2020 11:41:08 +0530 https://www.taxtmi.com/highlights?id=53335