https://www.taxtmi.com/caselaws?id=798900 Section 54F deduction for construction of a residential house requires construction within three years of transfer and evidence supporting the eligible investment. A local-authority certificate and registered valuer's report supported timely construction of the residential house and the related construction expenditure. Expenditure claimed for furniture and fixtures lacked sufficient supporting evidence and was excluded from the eligible investment. The resulting computation allowed deduction for the supported residential-house construction and determined the remaining long-term capital gain after excluding unsupported furniture and fixture costs. en-us Wed, 09 Sep 2026 00:00:00 +0530 Mon, 14 Sep 2026 08:32:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798900 Section 54F deduction for construction of a residential house requires construction within three years of transfer and evidence supporting the eligible investment. A local-authority certificate and registered valuer's report supported timely construction of the residential house and the related construction expenditure. Expenditure claimed for furniture and fixtures lacked sufficient supporting evidence and was excluded from the eligible investment. The resulting computation allowed deduction for the supported residential-house construction and determined the remaining long-term capital gain after excluding unsupported furniture and fixture costs. Case-Laws Income Tax Wed, 09 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798900