https://www.taxtmi.com/caselaws?id=789322 Section 54 relief was interpreted broadly for the relevant assessment year: the phrase "a residential house" was read in context to include investment in more than one residential property, and the later substitution of "one residential house" was treated as a prospective amendment. The note also states that, under the Section 54(2) framework, investments made after the return-filing due date could still be considered for exemption where the statutory conditions for rollover relief were otherwise met. On that construction, capital gains exemption was available on both counts. en-us Fri, 27 Feb 2026 00:00:00 +0530 Mon, 06 Apr 2026 10:53:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789322 Section 54 relief was interpreted broadly for the relevant assessment year: the phrase "a residential house" was read in context to include investment in more than one residential property, and the later substitution of "one residential house" was treated as a prospective amendment. The note also states that, under the Section 54(2) framework, investments made after the return-filing due date could still be considered for exemption where the statutory conditions for rollover relief were otherwise met. On that construction, capital gains exemption was available on both counts. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789322