Section 54(1) of the Income Tax Act 1961

Whether the phrase “a residential house” in the unamended Section 54(1) permitted exemption for capital gains reinvested in multiple residential properties (here, 7 row houses), or was restricted to a single property

Case Note Analysis: Krishnagopal B. Nangpal v. DCIT 1. Case Overview Citation: 2025:BHC-OS:11546-DB Court: Bombay High Court Bench: Sandeep V. Marne, J. & Chief Justice…

Category: Income Tax Act

Posted on: August 3, 2025

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Tag: Section 54(1) of the Income Tax Act 1961

Whether the phrase “a residential house” in the unamended Section 54(1) permitted exemption for capital gains reinvested in multiple residential properties (here, 7 row houses), or was restricted to a single property