https://www.taxtmi.com/highlights?id=76577 LTCG - Exemption u/s 54F - assessee has purchased triplex flat - The Assessing Officer rejected the claim, arguing that the purchase did not qualify as a single residential house. However, the Appellate Tribunal overturned this decision, emphasizing the unity of structure and practical usage of the purchased flats. Despite the separate identification by the builder, the Tribunal focused on the internal connectivity and common facilities to deem the triplex flats as a single residential unit. en-us Sat, 13 Apr 2024 09:17:57 +0530 Sat, 13 Apr 2024 09:17:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76577 LTCG - Exemption u/s 54F - assessee has purchased triplex flat - The Assessing Officer rejected the claim, arguing that the purchase did not qualify as a single residential house. However, the Appellate Tribunal overturned this decision, emphasizing the unity of structure and practical usage of the purchased flats. Despite the separate identification by the builder, the Tribunal focused on the internal connectivity and common facilities to deem the triplex flats as a single residential unit. Highlights Income Tax Sat, 13 Apr 2024 09:17:57 +0530 https://www.taxtmi.com/highlights?id=76577