https://www.taxtmi.com/news?id=19574 Capital gain from the transfer of a long term capital asset invested within six months in a long term specified asset shall not be charged to tax, provided the capital gain arises from long term assets consisting of land or building or both. The revised definition of long term specified asset requires investment in bonds issued on or after the prescribed date and redeemable after the extended minimum term, issued by specified entities or notified by the Central Government, with the amendment effective from the stated implementation date for the relevant assessment years. en-us Mon, 05 Feb 2018 15:25:28 +0530 Mon, 05 Feb 2018 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19574 Capital gain from the transfer of a long term capital asset invested within six months in a long term specified asset shall not be charged to tax, provided the capital gain arises from long term assets consisting of land or building or both. The revised definition of long term specified asset requires investment in bonds issued on or after the prescribed date and redeemable after the extended minimum term, issued by specified entities or notified by the Central Government, with the amendment effective from the stated implementation date for the relevant assessment years. News - Mon, 05 Feb 2018 15:25:28 +0530 https://www.taxtmi.com/news?id=19574