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          What is considered an 'urban area' for the purposes of Section 54G?

          FAQs on Exemption available from Capital gains

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          Urban area definition for Section 54G set by Central Government based on population, industry concentration and planning needs. An urban area under Section 54G is any area within municipal corporation or municipality limits that the Central Government declares an urban area based on factors such as population, concentration of industries, and the need for proper planning, so that only declared localities meeting those territorial and evaluative thresholds qualify under Section 54G.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Urban area definition for Section 54G set by Central Government based on population, industry concentration and planning needs.

                                  An urban area under Section 54G is any area within municipal corporation or municipality limits that the Central Government declares an urban area based on factors such as population, concentration of industries, and the need for proper planning, so that only declared localities meeting those territorial and evaluative thresholds qualify under Section 54G.





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