https://www.taxtmi.com/acts?id=3614 Exemption applies when an individual or HUF transfers a long term capital asset that is a residential house chargeable under Income from house property; a portion of the resultant capital gain is exempt by reference to the amount of consideration received, with proportionate exemption where consideration exceeds a specified threshold, and the exemption is inapplicable if the assessee owns any other residential house on the date of transfer. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 23 May 2025 15:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3614 Exemption applies when an individual or HUF transfers a long term capital asset that is a residential house chargeable under Income from house property; a portion of the resultant capital gain is exempt by reference to the amount of consideration received, with proportionate exemption where consideration exceeds a specified threshold, and the exemption is inapplicable if the assessee owns any other residential house on the date of transfer. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3614