https://www.taxtmi.com/highlights?id=55832 LTCG - Deduction u/s 54F - The physical structuring of the new residential house, whether it is lateral or vertical, cannot come in the way of considering the building as a residential house. The fact that the residential house consists of several independent units cannot be permitted to act as an impediment to the allowance of the deduction u/s 54/54F. It is neither expressly nor by necessary implication prohibited. - AT en-us Thu, 10 Dec 2020 08:23:33 +0530 Thu, 10 Dec 2020 08:23:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55832 LTCG - Deduction u/s 54F - The physical structuring of the new residential house, whether it is lateral or vertical, cannot come in the way of considering the building as a residential house. The fact that the residential house consists of several independent units cannot be permitted to act as an impediment to the allowance of the deduction u/s 54/54F. It is neither expressly nor by necessary implication prohibited. - AT Highlights Income Tax Thu, 10 Dec 2020 08:23:33 +0530 https://www.taxtmi.com/highlights?id=55832