https://www.taxtmi.com/caselaws?id=794149 Deduction under section 54F was treated as available where capital gains were invested in construction and structural improvement of an existing residential house, including additional rooms and allied civil works, rather than only in purchase of a new house. The provision was applied liberally as a beneficial relief, and the work was found to go beyond routine repairs because it involved substantive construction supported by engineer certification and evidence. The absence of any rebuttal by the Revenue to the genuineness of the expenditure, and the fact that a prior claim had been made for purchase of the same property, did not by itself bar relief for later investment in further construction. Substantial compliance with the investment condition was sufficient. en-us Mon, 25 May 2026 00:00:00 +0530 Wed, 01 Jul 2026 08:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794149 Deduction under section 54F was treated as available where capital gains were invested in construction and structural improvement of an existing residential house, including additional rooms and allied civil works, rather than only in purchase of a new house. The provision was applied liberally as a beneficial relief, and the work was found to go beyond routine repairs because it involved substantive construction supported by engineer certification and evidence. The absence of any rebuttal by the Revenue to the genuineness of the expenditure, and the fact that a prior claim had been made for purchase of the same property, did not by itself bar relief for later investment in further construction. Substantial compliance with the investment condition was sufficient. Case-Laws Income Tax Mon, 25 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794149