Is there any benefit available in respect of re-investment of capital gain in any other capital asset?

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..... nefit of re-investment is available: Section under which benefit is available Eligible Assessee Gain eligible for claiming exemption Asset in which the capital gain is to be re-invested to claim exemption Section 54 Individual/HUF Long-term capital gain arising .....

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..... nd which was used by individual or his parents or HUF for agriculture purposes for at least 2 years immediately prior to transfer. Gain to be re-invested in purchase of agricultural land (may be in rural arear or urban area). section 54EC Any person Long term capital gain arising on transfer of land or building or both . .....

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..... idential house property in India. Note: if the cost of new asset exceeds Rs. 10 crore, the excess amount shall be ignored and Rs. 10 crore shall be taken into consideration. section 54D Any person Long-term or Short-term capital gain arising on transfer of land or building forming part of an industrial undertaking which is compulsorily a .....

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..... dertaking from urban area to any Special Economic Zone. Gain to be re-invested to acquire land, building, plant or machinery in order to shift an industrial undertaking to any Special Economic Zone. section 54GB Individual/HUF Long-term capital gain arising on transfer of residential property (a house or a plot of land). The tra .....

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