CAPITAL GAIN EXEMPTIONS 

S.

No.

Particulars

Section 54

Section 54B

Section 54D

Section 54EC

Section 54EE

Section 54F

1

Eligible Assessee

Individual / HUF

Individual/ HUF

Any assessee

Any assessee

Any assessee

Individual / HUF

2

Eligible Capital Gain Exemption

Long Term

Short-term or Long-term

Short-term or Long-term

Long Term

Long Term

Long Term

3

Asset transferred

Residential House

Agricultural Land

Land & building used for industrial undertaking

Land or building or both

Long Term Capital Asset (LTCA)

Any LTCA other than Residential House.

4

Assets to be acquired for Exemption

One residential house property

Agricultural land

(may be in urban area or rural area)

Land or building for shifting or reestablishing industrial undertaking

Bond of NHAI or REC etc. (Redeemable after 3 years)

Units of such fund as may be notified by Central Government

One residential house property

5

Time Limit for acquiring New Assets

Purchase: within 1 year before or 2 years after date of transfer

Construction: within 3 years after date of transfer

Within 2 years after date of transfer

Within 3 years from date of receipt of compensation

Within 6 months from date of transfer

Within 6 months after the date of transfer of original asset

Purchase: within 1 year before or within 2 years after date of transfer

Construction: within 3 years after date of transfer

6

Exemption Amount

Investment in new assets or capital gain, whichever is lower

Investment in agricultural land or capital gain, whichever is lower

Investment in new assets or capital gain, whichever is lower

Investment in new assets or capital gains, whichever is lower, however, subject to Rs. 50 lakhs.

Investment in new assets or capital gains, whichever is lower, however, subject to Rs. 50 lakhs.

Investment in new assets X capital gain/net consideration

7

Withdrawal of Exemption

If new asset is transferred within 3 years of its acquisition

If new asset is transferred within 3 years of its acquisition

If new asset is transferred within 3 years of its acquisition

If new asset is transferred or it is converted into money or a loan is taken on its security within 5 years of its acquisition

If new asset is transferred within a period of 3 years from the date of its acquisition.

Note:
Where assessee takes loans or advance on security of such specified asset, he shall be deemed to have transferred such asset on the date on which such loan or advance is taken.

a) If new asset is transferred within 3 years of acquisition,

b) if another residential house is purchased within 2 years of transfer of original asset;


c) if another house is constructed within 
3 years of transfer of original asset

8

Capital gains Deposit Scheme

Yes

Yes

Yes

No

No

Yes






 
     
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