LTCG of multiple year

Yes...

Refer:::   Details of Case Law
ACIT New Delhi v Mahinder Kumar Jain IT APPEAL NO. 5254 (DELHI) OF 2014.

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• Taxpayer sold his commercial property and invested the proceeds in the construction of a house at Mehendi Farm.He  claimed a deduction of Rs 47.84 u/s 54F in 2008-09  against the investment made in construction of a farm house.
• In 2010-11,Taxpayer again sold five properties and invested further in the construction of the same house at Mehendi Farm. He claimed a deduction of Rs 1.59 crore under section 54F in his I-T returns for 2010-11 against the investment made in the same house..... 

The  Income Tax Appellate Tribunal (ITAT) Delhi allowed the deduction of Rs 1.59 crore under section 54F against the investment made in the construction of house at Mehendi Farms.