https://www.taxtmi.com/manuals?id=1954 Capital gains exemption is available on transfer of agricultural land where an individual or HUF reinvests in another agricultural land within two years, subject to the lower of the capital gain or the cost of the new asset or deposit amount. Unutilised deposit in the Capital Gains Account Scheme becomes taxable on expiry of the two-year period, while special rules apply if the new land is sold within three years. A circular states that unutilised deposit of a deceased individual is not taxable in the hands of the deceased or the legal heirs. en-us Sat, 11 Feb 2023 11:51:00 +0530 Wed, 10 Jun 2026 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1954 Capital gains exemption is available on transfer of agricultural land where an individual or HUF reinvests in another agricultural land within two years, subject to the lower of the capital gain or the cost of the new asset or deposit amount. Unutilised deposit in the Capital Gains Account Scheme becomes taxable on expiry of the two-year period, while special rules apply if the new land is sold within three years. A circular states that unutilised deposit of a deceased individual is not taxable in the hands of the deceased or the legal heirs. Manuals Income Tax Sat, 11 Feb 2023 11:51:00 +0530 https://www.taxtmi.com/manuals?id=1954