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    <title>Amendment of section 54F.</title>
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    <description>Amendment to Section 54F inserts provisos excluding from exemption any portion of the cost of a new residential asset and any portion of net consideration that exceed ten crore rupees, and provides that these exclusions apply for purposes of sub sections (1) and (4); the amendments take effect from 1 April 2024 and apply to assessment year 2024 2025 and subsequent years.</description>
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      <description>Amendment to Section 54F inserts provisos excluding from exemption any portion of the cost of a new residential asset and any portion of net consideration that exceed ten crore rupees, and provides that these exclusions apply for purposes of sub sections (1) and (4); the amendments take effect from 1 April 2024 and apply to assessment year 2024 2025 and subsequent years.</description>
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