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2008 (6) TMI 199 - KERALA HIGH COURT
Capital Gains – Exemption u/s 54F - Construction of a house only qualifies for exemption on the investment. Even addition of a floor of a self-contained type to the existing house would have qualified for exemption. However, since the assessee has only made addition to the plinth area, which is in the form of modification of an existing house, she is not entitled to deduction claimed under section 54F of the Act.