https://www.taxtmi.com/caselaws?id=795434 Section 54 relief applies to multiple floors forming a single residential property where capital gains are invested in that property; separate structure or independent usability does not alone make them multiple residential houses. The capital-gains computation must therefore allow reinvestment relief for all qualifying floors. A registered valuer's report cannot be replaced by an unsupported assessment estimate without identifying defects or obtaining expert valuation. The unrebutted land valuation and builder's construction-cost certificate must be used in recomputing long-term capital gains. en-us Mon, 13 Jul 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795434 Section 54 relief applies to multiple floors forming a single residential property where capital gains are invested in that property; separate structure or independent usability does not alone make them multiple residential houses. The capital-gains computation must therefore allow reinvestment relief for all qualifying floors. A registered valuer's report cannot be replaced by an unsupported assessment estimate without identifying defects or obtaining expert valuation. The unrebutted land valuation and builder's construction-cost certificate must be used in recomputing long-term capital gains. Case-Laws Income Tax Mon, 13 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795434