Delhi HC denies capital gains tax exemption u/s 54F claim by a widow who bought two non-adjacent flats in Noida

Section 54F: This section allows individual and HUF taxpayers to save tax on capital gains arising from the sale of a long-term capital asset, other than a residential property, by investing the gains in a new residential property. However, a women who did exactly this was denied the capital gains tax exemption by Court. Read to know why this happened and how to prevent this from happening with you.