Capital Gain Exemption: Separate floors of a singular house are not required to be considered as multiple residential houses
Recently, the Delhi High court in the case of PCIT v. Lata Goeal [ITA 127/2025]. Dated 30.04.2025 has held that separate floors of a singular house are not required to be considered as multiple residential houses, and thus, their purchase would not render the taxpayer ineligible for claiming a deduction under Section 54F of the ITA.
There are lot of cases where the assessing officer consider it as a purchase of more than one house property and disallow the capital gain exemption. The ruling by Delhi HC would be relevant in all such cases.
The copy of the order is as under:
