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Capital Gain On Transfer Of A Long Term Capital Asset Other Than A House Property - Sec. 54F

Income Tax - Capital Gains - Specific Exemptions - 05 - Section 54F: CAPITAL GAIN ON TRANSFER OF A LONG TERM CAPITAL ASSET OTHER THAN A HOUSE PROPERTY NATURE Transfer of long term capital asset other than house property AVAILABLE TO Individual, HUF PERIOD HELD BEFORE TRANSFER More than 36 months (12 months in case of shares etc. (Thus can be only Long Term) AMOUNT EXEMPTION OF If cost of new house > net consideration of assets transferred = full amount If cost of new house < net considerat .....

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