Capital gains exemption limited to the lower of gain realized or amount reinvested in new land or building. Maximum exemption under section 54D is the lower of the capital gain arising on transfer of land or building or the investment in new land or building, ... Summary
Capital gains exemption limited to the lower of gain realized or amount reinvested in new land or building.
Maximum exemption under section 54D is the lower of the capital gain arising on transfer of land or building or the investment in new land or building, including amounts deposited in the Capital Gains Account Scheme.
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