https://www.taxtmi.com/article/detailed?id=17424 Section 54F applies to long-term capital gains from transfer of a long-term asset other than a residential house when an eligible individual or Hindu Undivided Family invests in one residential house in India within prescribed purchase or construction periods. Structural additions to an existing residential property may constitute construction rather than mere renovation where evidence establishes use of capital gains and the work is completed within the prescribed period. A prior claim relating to purchase of the same property does not by itself preclude a later claim based on subsequent capital gains used for qualifying further construction. en-us Fri, 18 Sep 2026 07:32:39 +0530 Fri, 18 Sep 2026 07:32:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=17424 Section 54F applies to long-term capital gains from transfer of a long-term asset other than a residential house when an eligible individual or Hindu Undivided Family invests in one residential house in India within prescribed purchase or construction periods. Structural additions to an existing residential property may constitute construction rather than mere renovation where evidence establishes use of capital gains and the work is completed within the prescribed period. A prior claim relating to purchase of the same property does not by itself preclude a later claim based on subsequent capital gains used for qualifying further construction. Articles Income Tax Fri, 18 Sep 2026 07:32:39 +0530 https://www.taxtmi.com/article/detailed?id=17424