https://www.taxtmi.com/manuals?id=3434 Section 54 exemption applies only where the capital gain arises from transfer of a long term capital asset that is a residential house property or land appurtenant thereto and whose income is taxable under the head Income from House Property; a long term capital asset means an immovable property (land or building or both) held for more than 24 months immediately preceding the date of transfer. en-us Fri, 08 Dec 2023 14:10:00 +0530 Fri, 08 Dec 2023 15:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3434 Section 54 exemption applies only where the capital gain arises from transfer of a long term capital asset that is a residential house property or land appurtenant thereto and whose income is taxable under the head Income from House Property; a long term capital asset means an immovable property (land or building or both) held for more than 24 months immediately preceding the date of transfer. Manuals Income Tax Fri, 08 Dec 2023 14:10:00 +0530 https://www.taxtmi.com/manuals?id=3434