25 June 2014
An assessee sells more than one land and earns LTCG out of the sale.He invests the proceeds in one residential house property. Whether he can claim exemption u/s.54F? Please cite me with a case law..
26 June 2014
ITAT Mumbai bench judgment in the case of [DCIT v. Ranjit Vithaldas [2012] 23 taxmann. com 226 (ITAT-Mum)] should help you. though it is section 54 judgment but the principal should apply.