Capital Gain

[Asked by Guest]

Dear sir

I had sell one industrial propery which i sold and i had a capital gain on said property. Can anyone under which section i can claim exemption if again purchase industrial property.?

Please explain its urgent hai

AI Summary

Capital gain exemption query: reinvestment in an industrial property in an urban area may affect relief eligibility.
Capital gain from sale of an industrial property previously let out, and whether reinvestment in another industrial property in an urban area qualifies for exemption under the relevant statutory provision permitting capital gains relief on purchase of a replacement asset.