https://www.taxtmi.com/caselaws?id=468254 A built-up farm house with boundary wall, tube-well, electricity connection and appurtenant land can qualify as a residential house for section 54F purposes, and the residential unit cannot be artificially severed from its appurtenant land. The exemption claim was also not defeated merely because the assessee initially referred to the wrong provision in the return, since the relief was otherwise admissible on the facts and had been claimed in the computation and during assessment. The result was that the section 54F exemption on the farm house investment was sustained and the departmental challenge failed. en-us Wed, 20 Feb 2019 00:00:00 +0530 Fri, 24 Apr 2026 18:47:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468254 A built-up farm house with boundary wall, tube-well, electricity connection and appurtenant land can qualify as a residential house for section 54F purposes, and the residential unit cannot be artificially severed from its appurtenant land. The exemption claim was also not defeated merely because the assessee initially referred to the wrong provision in the return, since the relief was otherwise admissible on the facts and had been claimed in the computation and during assessment. The result was that the section 54F exemption on the farm house investment was sustained and the departmental challenge failed. Case-Laws Income Tax Wed, 20 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468254