https://www.taxtmi.com/caselaws?id=800898 Section 54F permits capital-gains exemption where a new residential property is acquired within one year before transfer of the original asset. The provision does not require direct use of the original asset's sale proceeds to purchase the new property; loan financing does not reduce the qualifying investment. Where the qualifying investment exceeds the capital gain, full exemption applies. Cash deposits remain unexplained where no documentary evidence establishes their source and the explanations given are inconsistent. en-us Thu, 08 Oct 2026 00:00:00 +0530 Tue, 13 Oct 2026 07:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800898 Section 54F permits capital-gains exemption where a new residential property is acquired within one year before transfer of the original asset. The provision does not require direct use of the original asset's sale proceeds to purchase the new property; loan financing does not reduce the qualifying investment. Where the qualifying investment exceeds the capital gain, full exemption applies. Cash deposits remain unexplained where no documentary evidence establishes their source and the explanations given are inconsistent. Case-Laws Income Tax Thu, 08 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800898