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    <title>Which new asset should be acquired for claiming exemption under section 54EE?</title>
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    <description>Exemption from capital gains under section 54EE is available where the assessee reinvests the gains in specified long term assets notified by the Central Government for the purpose of financing start ups; the investment in such government notified long term instruments is the eligibility condition for the exemption.</description>
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      <description>Exemption from capital gains under section 54EE is available where the assessee reinvests the gains in specified long term assets notified by the Central Government for the purpose of financing start ups; the investment in such government notified long term instruments is the eligibility condition for the exemption.</description>
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