TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Break for Home Sellers: Capital Gains Exemption Explained for Individual and HUF Taxpayers Under Specific Conditions</h1> The statutory provision addresses capital gains tax exemption for residential house transfers. For individual or Hindu undivided family taxpayers, capital gains from long-term residential property transfers are partially or fully exempt from taxation. The exemption applies when the consideration value does not exceed two hundred thousand rupees, with specific proportional calculations for amounts exceeding that threshold. The provision excludes cases where the assessee owns another residential house at the time of transfer.
TaxTMI 
TaxTMI 
