https://www.taxtmi.com/caselaws?id=34032 The Kerala HC held that deduction under section 54F of the Income Tax Act is not applicable for renovation of an existing residential house. The appellant's addition of plinth area was deemed a modification, not construction of a new house, thus not qualifying for exemption. The court affirmed the Tribunal's decision and rejected the appeal. en-us Mon, 09 Jun 2008 00:00:00 +0530 Tue, 07 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34032 The Kerala HC held that deduction under section 54F of the Income Tax Act is not applicable for renovation of an existing residential house. The appellant's addition of plinth area was deemed a modification, not construction of a new house, thus not qualifying for exemption. The court affirmed the Tribunal's decision and rejected the appeal. Case-Laws Income Tax Mon, 09 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34032