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    <title>Exempted Assets</title>
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    <description>Exemptions include property held under trust for public charitable or religious purposes (excluding business-related property except as specified), an assessee&#039;s interest in HUF coparcenary property, one building and jewellery of a ruler, assets and moneys brought into India by a person of Indian origin or returning citizen (with bank balances in specified non-resident accounts deemed brought in) exempt for a limited number of successive assessment years, and one house or part of a house or a plot of land belonging to an individual or HUF subject to an area-based proviso.</description>
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