https://www.taxtmi.com/caselaws?id=25987 HC affirmed the Tribunal's factual finding that the bulk of the sold property was occupied by the assessee for residential purposes, noting the ground floor (1,330 sq. ft.) and appurtenant land (4,795 sq. ft.) were in the assessee's occupation while only the first floor was let out. Consequently, the HC held the first condition of section 54 was satisfied and entitlement to capital gains exemption under section 54 was allowed. en-us Mon, 09 Jun 1986 00:00:00 +0530 Wed, 29 Oct 2025 22:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25987 HC affirmed the Tribunal's factual finding that the bulk of the sold property was occupied by the assessee for residential purposes, noting the ground floor (1,330 sq. ft.) and appurtenant land (4,795 sq. ft.) were in the assessee's occupation while only the first floor was let out. Consequently, the HC held the first condition of section 54 was satisfied and entitlement to capital gains exemption under section 54 was allowed. Case-Laws Income Tax Mon, 09 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25987