https://www.taxtmi.com/caselaws?id=799659 Section 54F limits capital-gains relief where the taxpayer owns more than one residential house on transfer of the original asset. A shop-cum-office verified as commercial property is not counted as a residential house for that condition, leaving relief available subject to other statutory requirements. Section 54B permits relief for eligible investment in agricultural land. An urban location alone does not negate land's agricultural character where purchase deeds and verification establish that character; relief is available to the extent of documented eligible investment, with consequential recomputation of income and interest. en-us Tue, 01 Sep 2026 00:00:00 +0530 Fri, 25 Sep 2026 08:16:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799659 Section 54F limits capital-gains relief where the taxpayer owns more than one residential house on transfer of the original asset. A shop-cum-office verified as commercial property is not counted as a residential house for that condition, leaving relief available subject to other statutory requirements. Section 54B permits relief for eligible investment in agricultural land. An urban location alone does not negate land's agricultural character where purchase deeds and verification establish that character; relief is available to the extent of documented eligible investment, with consequential recomputation of income and interest. Case-Laws Income Tax Tue, 01 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799659