https://www.taxtmi.com/acts?id=20417 Section 54EE provides exemption from tax on long-term capital gains invested in units of a government-notified specified fund within six months of transfer: the exempt amount equals the investment (or a proportionate part if investment is less than the gain), subject to an annual investment cap and issuance criteria. Transfers of the specified asset within three years or taking loans on its security trigger recapture, and "cost" is the amount invested from capital gains. en-us Mon, 29 Feb 2016 16:34:01 +0530 Mon, 29 Feb 2016 19:11:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20417 Section 54EE provides exemption from tax on long-term capital gains invested in units of a government-notified specified fund within six months of transfer: the exempt amount equals the investment (or a proportionate part if investment is less than the gain), subject to an annual investment cap and issuance criteria. Transfers of the specified asset within three years or taking loans on its security trigger recapture, and "cost" is the amount invested from capital gains. Act-Rules Bill Mon, 29 Feb 2016 16:34:01 +0530 https://www.taxtmi.com/acts?id=20417