Capital gains reinvestment limit restricts exempt reinvestment where new residential asset or net consideration exceed the statutory threshold. Amendment to Section 54F inserts provisos excluding from exemption any portion of the cost of a new residential asset and any portion of net consideration that exceed ten crore rupees, and provides that these exclusions apply for purposes of sub sections (1) and (4); the amendments take effect from 1 April 2024 and apply to assessment year 2024 2025 and subsequent years.