ITAT denies Section 54F exemption on 3 properties situated in different parts of City

Rakesh Garg Vs ITO (ITAT Jaipur) As per the details of the three properties in which the assessee has claimed to have invested sale consideration of the land in question, only one property i.e. at sl. no. 1 of the list reproduced in para ‘6’ above is a constructed house and two others are only the plots of land. Further, as it is evident from the details that these three properties are situated in different parts of the Jaipur City and are not adjoining to each other. Therefore, even otherwise all three residential plots cannot be used as a single residential house as these are not contigu...