https://www.taxtmi.com/acts?id=41203 Amendment imposes a monetary cap on relief for long term capital gains on transfer of a residential house: cost of the new asset exceeding ten crore rupees is excluded from the calculation of the deduction for replacement purchase or construction, and capital gains in excess of ten crore rupees are excluded for the deposit/adjustment requirement conditioning the exemption. en-us Wed, 01 Feb 2023 15:40:19 +0530 Wed, 01 Feb 2023 15:40:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41203 Amendment imposes a monetary cap on relief for long term capital gains on transfer of a residential house: cost of the new asset exceeding ten crore rupees is excluded from the calculation of the deduction for replacement purchase or construction, and capital gains in excess of ten crore rupees are excluded for the deposit/adjustment requirement conditioning the exemption. Act-Rules Bill Wed, 01 Feb 2023 15:40:19 +0530 https://www.taxtmi.com/acts?id=41203