I own 2 houses out of which 1 house is co-owned with my spouse.
I entered into Joint development agreement in April 2025 for my plot and I am getting 2 flats as part of the agreement.
The building will be ready by January 2027.
I want to avail benefits of section 54F. But as mentioned above , currently I own 2 houses .
So if I gift my share in the co- owned house to my spouse in October 2025, will I become eligible for availing section 54F?
CAclubindia
