https://www.taxtmi.com/caselaws?id=471521 Section 54F exemption requires the assessee to reinvest capital gains in a residential property acquired in the assessee's own name. Applying the jurisdictional High Court's interpretation of the corresponding exemption under Section 54B, investment in a property standing solely in the spouse's name does not meet that statutory condition. Accordingly, capital gains reinvested in the assessee's wife's residential property do not qualify for deduction under Section 54F, and the claimed exemption was disallowed. en-us Wed, 28 Jan 2026 00:00:00 +0530 Mon, 07 Sep 2026 19:20:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471521 Section 54F exemption requires the assessee to reinvest capital gains in a residential property acquired in the assessee's own name. Applying the jurisdictional High Court's interpretation of the corresponding exemption under Section 54B, investment in a property standing solely in the spouse's name does not meet that statutory condition. Accordingly, capital gains reinvested in the assessee's wife's residential property do not qualify for deduction under Section 54F, and the claimed exemption was disallowed. Case-Laws Income Tax Wed, 28 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471521