Owning Multiple Floors in a Building: Does It Disqualify You From LTCG Exemption Under Section 54F?

Rashmi | Last updated: 21 May 2025

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Introduction The Delhi High Court has recently clarified a long-debated issue in tax law - does owning multiple floors in the same residential building mean you own more than one residential property? This question is crucial for taxpayers looking to claim the long-term capital gains (LTCG) exempt

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About the Author

Rashmi

business

I am a Chartered Accountant with over 2 decades of experience in Auditing, Taxation, Accounting, Due diligence. I am currently a Managing Partner at RRL Global Services. I can be reached at rrlglobal @ yahoo.com or @ 9811757230

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Owning Multiple Floors in a Building: Does It Disqualify You From LTCG Exemption Under Section 54F?

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