https://www.taxtmi.com/manuals?id=1953 Exemption on capital gain from transfer of a residential house is available to an individual or HUF where the original asset is a long-term residential house property taxable under the head Income from House Property. The exemption depends on reinvestment in one residential house in India within the prescribed purchase or construction period, with a one-time option to invest in two houses where the capital gain does not exceed the stated threshold. Unutilised gains must be deposited in the notified Capital Gains Deposit Scheme before the due date, and any unutilised balance becomes taxable after the prescribed period. en-us Sat, 11 Feb 2023 11:49:00 +0530 Thu, 11 Jun 2026 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1953 Exemption on capital gain from transfer of a residential house is available to an individual or HUF where the original asset is a long-term residential house property taxable under the head Income from House Property. The exemption depends on reinvestment in one residential house in India within the prescribed purchase or construction period, with a one-time option to invest in two houses where the capital gain does not exceed the stated threshold. Unutilised gains must be deposited in the notified Capital Gains Deposit Scheme before the due date, and any unutilised balance becomes taxable after the prescribed period. Manuals Income Tax Sat, 11 Feb 2023 11:49:00 +0530 https://www.taxtmi.com/manuals?id=1953