Deduction u/s 54 can be claimed even if only land appurtenant to residential house is sold

As regards asseessee’s s case is concerned, it is brought to our notice that the said land, which was sold by the assessee, was forming part of the residential house No. 64, Agrasen Vihar (Ram Bagh) , Muzaffarnagar (having a Municipal No. 65, Bagh Kambalwala) and all the property was duly assessed to house-tax and was self- occupied by the occupants viz. the assessee and other family members. U/s 54 of the Act, the legislature has used the expression “being buildings or lands appurtenant thereto and being a residential house”. Hon’ble Karnataka High Court had examined these...