https://www.taxtmi.com/manuals?id=3482 Exemption under Section 54F is denied if the assessee owns more than the permitted residential houses at the date of transfer; an exception permits ownership of one existing house plus a house acquired within one year prior to transfer, but ownership of additional houses, particularly where income from them is chargeable under Income from House Property, disqualifies the exemption. en-us Fri, 08 Dec 2023 14:46:00 +0530 Fri, 08 Dec 2023 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3482 Exemption under Section 54F is denied if the assessee owns more than the permitted residential houses at the date of transfer; an exception permits ownership of one existing house plus a house acquired within one year prior to transfer, but ownership of additional houses, particularly where income from them is chargeable under Income from House Property, disqualifies the exemption. Manuals Income Tax Fri, 08 Dec 2023 14:46:00 +0530 https://www.taxtmi.com/manuals?id=3482