EXEMPTION OF CAPITAL GAIN

Particulars Sec :- 54 ( RHP ) Sec: 54B (Urban Sec :- 54D Sec:- 54EC Sec :- 54F ( other than
Agg. Land) ( Compulsory ) (Bonds) RHP )
Applicability Individual / HUF Individual All Assesses All Assesses Individual / HUF
Asset RESIDENTIAL Urban Agriculture L& B used by Any Long Term Any Long Term Capital
Transferred HOUSE PROPERTY Land utilized by industrial Capital Asset Asset other than
him or his parents undertaking which RESIDENTIAL HOUSE
for 2 yr. prior to the is compulsorily PROPERTY
date of transfer acquired & such L&B
were used for business
for 2 yr before DOT
Nature Of Long Term Capital LTCA OR STCA LTCG OR STCA Long Term Capital Long Term Capital
Asset Asset Asset Asset
New Asset To RESIDENTIAL Agriculture land Land & Building for REFER BOX RESIDENTIAL HOUSE
Be Acquired HOUSE PROPERTY (Rural or Urban ) Industrial Purpose ( Unutilized PROPERTY
Amount )
Amount To Be Long Term Capital Capital Gain on Capital Gain on LTCA on transfer. Net Consideration
Invested Gain on Transfer Transfer Transfer MAX amt. during
FY=50 LAKH
Quantum Of  Capital Gain  Capital Gain  Capital Gain  Capital Gain LTCG x AMONT
Exemption  Amount Invested  Amount Invested  Amount Invested  Amount Invested INVESTED
( least ) Net
Consideration
Time Limit For  Purchase: within 1 Within 2 YEARS from Within 3 YEARS from Within 6 MONTHS  Purchase: within 1
Investment yr. before or two the date of transfer the date of transfer from the date of yr. before or two
year after date of ( DOT ) ( DOT ) transfer year after date of
transfer(DOT) ( DOT ) transfer(DOT)
 Construction:  Construction:
within within
3 yr. after 3 yr. after DOT.
DOT.
Unutilized  Before the due ----same as in sec
Amount Bonds 54-----
date of filing return
shall be kept in CG redeemable Condition: On
A/C scheme of after 3 year the DOT of the
Nationalized ----same as in sec ----same as in sec issued on or LTCG the
Bank 54----- 54----- after 01/04/07 assesses
 Amt. should be by NHAI or shouldn’t own
utilized within RECL and such
prescribed period
more than 1
investment will
  If not utilized will
be treated as LTCG
of PY in which
period expires

Holding Period 3 Years from the 3 Years from the date 3 Years from the date 3 Years from the 3 Years from the date
Of New Asset date of Acquisition or of Acquisition. of Acquisition. date of Acquisition. of Acquisition or
Construction Constructio
Sale Of New STCG:- STCG:- STCG:- The LTCG sp  STCG on on new
Asset With In Sale of new asset - Sale of new asset - Sale of new asset - exempted u/s Asset
Holding Period XXX XXX XXX 54EC shall be  LTCG exempt u/s
(-) COA as reduced - (-) COA as reduced - (-) COA as reduced - charged as LTCG 54F shall be chrg.
XXX XXX XXX in the year of as LTCG in the yr.
by CG exempt u/s 54 by CG exempt u/s 54B by CG exempt u/s 54D sale or creation. of DOT