I have Sold a plot of Land against which i have purchased 4 Residential houses. When i bought the flats, the flat had a common entrance. Thus i have bought 4 residential flats with a common entrance. Although separate certificates are issued by the society,  the society issues only one Maintainence charges bill. Even the electricity department issues only one bill as there is only one electricity meter installed in the joint flat.

Can I claim exemption u/s. 54F of the Income Tax Act? Please let me know any case laws where it is specifically mentioned that the meaning of "Flat" under Section 54F is taken in a prural sense i.e. 1 or more flats can be purchased aginst the sale of a plot and the exemption on the capital gain of the same can be claimed  u/s. 54F.

I have a further query relating to the above mentioned case.

Is it a condition that if a builder denies joining of the flat then u cant claim that it is a single flat?