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Exemption u/s 54F of the Income Tax Act, 1961

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(Querist)
26 December 2019 "One Residential House" as said in Section 54F of IT act, includes 5 Floors of one building or each individual floor is considered as separate Residential house.
Kindly help me in this regard...
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Asha Kanta Sharmapro badge (Expert)
26 May 2020 It is a building for which deduction in available. It can not be for flats.

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