https://www.taxtmi.com/acts?id=41396 The amendment caps the benefit of the capital gains rollover exemption by providing that where the cost of the new asset exceeds ten crore rupees, amounts exceeding ten crore rupees are not taken into account, and that capital gains in excess of ten crore rupees shall not be considered for the deposit-and-exemption mechanism, with deposit requirements expressly made subject to this cap. en-us Thu, 30 Mar 2023 15:30:32 +0530 Sat, 01 Apr 2023 16:51:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41396 The amendment caps the benefit of the capital gains rollover exemption by providing that where the cost of the new asset exceeds ten crore rupees, amounts exceeding ten crore rupees are not taken into account, and that capital gains in excess of ten crore rupees shall not be considered for the deposit-and-exemption mechanism, with deposit requirements expressly made subject to this cap. Act-Rules F. Acts / Amendment Acts Thu, 30 Mar 2023 15:30:32 +0530 https://www.taxtmi.com/acts?id=41396