The assessee purchased land from the sale proceeds of property held by him and constructed a nursing home and residential house thereon. On the residential house, he claimed exemption under section 54F of the Income-tax Act, 1961.
source https://www.caclubindia.com/articles/section-54f-of-it-act-1961-46620.asp
source https://www.caclubindia.com/articles/section-54f-of-it-act-1961-46620.asp
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