Exemption U/s. 54F cannot be denied if assessee having 2 houses, gifts one house to her spouse prior to transfer of long term capital asset other than residential house

The assessee, a co-owner (along with her spouse, Shri Ashok Vishindas Ajwani) of a residential property, being Flat No. 1401, Mount Everest, CHS, Bhakti Park, Wadala (E), Mumbai, transferred her capital asset in the form of a shop at Sion for a consideration of Rs.85 lacs, disclosing a capital gain of Rs.83,25,400/-, which was claimed exempt as under: u/s. 54F: Rs. 26 lacs amount deposited in capital gain scheme account u/s.54E: Rs.63.60 lacs Exemption u/s.54F was in respect of purchase of residential flat at Andheri on 24.03.2009 for a consideration of Rs.1,28,50,215/-. It is the claim u/s....