Invest in house property abroad for sec-54f

The house property needs to be in India to avail of the capital gain tax benefit.

I have seen somewhere...

There are two decisions contradicting each other... If possible i will post the decisions too...

Till now its not clear i guess...

C.Balaji you are prolly talking about this

Income Tax Act, 1961 applies only to India.
Leena J Shah v. ACIT (2006) 6 SOT 721 (Ahd)

Hence Exemption can not be availed

contra

Prema P Shah v. ITO 100 ITD 60 (ITAT) (Mum.)

section 54 does not impose any bar on acquisition outside India.

completely ignore the following text (just a babble)

Just my opinion , The purpose of the exemption was to create more housing facility in India as there is need for more house till date, people stay on street and huts why should IT ACT give exemption for constructing home abroad?

"Income Tax Act, 1961 applies only to India."

Yes, so how about exempting income which accrue arises outside India for Ordinary residents in India?