Temporary /makeshift superstructure not eligible for Section 54F exemption

Shri Harshad M Thakkar (Gandhi) Vs DCIT (ITAT Ahmedabad)

We are at loss to understand as to how the factual aspects like lack of basic amenity and a non-descript temporary makeshift shelter/ superstructure of insignificant worth can convert a land into a residential house. The vast open land with naturally grown grass, a grossly asymmetric consumption of land for construction of superstructure (cost less than 1% of total costs), the occupation of the superstructure by a watchman/caretaker clearly indicates that such superstr

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