DCIT Vs Mahendrakumar Varjangbhai Jilaria (ITAT Surat)
Case ke facts
Mahendrakumar ne apne capital gain pe Section 54F ka claim kiya. Unke paas vacant residential plots the. AO ne deduction roka tha, bola plot house nahi hai.
Mudda (Issue)
Kya vacant residential plot ko residential house mana ja sakta hai Section 54F ke liye?
Faisla (Held)
ITAT ne bola ki vacant plot ko ghar nahi maana jayega. Jo land par timely construction hua hai, us par deduction milega.
Practical takeaway
Section 54F ka faayda tab milega jab aap ne vacant plot par naya ghar timely bana liya ho. Sirf plot par deduction nahi milega.
Original report: TaxGuru
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Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-10-14.