https://www.taxtmi.com/news?id=13052 The Finance (No. 2) Bill, 2014 amends the capital gains rollover relief to provide that exemption is available only when the reinvestment is made in one residential house situated in India, applying the territorial and single house restriction to both the residential house transfer and non residential transfer apportionment provisions; the amendments operate prospectively from the 2015-16 assessment year. en-us Sun, 13 Jul 2014 16:31:23 +0530 Sun, 13 Jul 2014 16:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13052 The Finance (No. 2) Bill, 2014 amends the capital gains rollover relief to provide that exemption is available only when the reinvestment is made in one residential house situated in India, applying the territorial and single house restriction to both the residential house transfer and non residential transfer apportionment provisions; the amendments operate prospectively from the 2015-16 assessment year. News - Sun, 13 Jul 2014 16:31:23 +0530 https://www.taxtmi.com/news?id=13052