https://www.taxtmi.com/acts?id=49083 Capital gains from transfer of land or buildings invested within six months in a long-term specified asset notified bonds are not charged as capital gains to the extent of the investment; excess gains remain chargeable. The bonds must be redeemable after five years and notified with conditions. Disposal or conversion of the new asset within five years causes the exempted amount to be treated as taxable long-term capital gains in the year of disposal, and any loan on the new asset is deemed a transfer on the date of the loan. en-us Fri, 14 Feb 2025 16:45:11 +0530 Fri, 14 Feb 2025 16:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49083 Capital gains from transfer of land or buildings invested within six months in a long-term specified asset notified bonds are not charged as capital gains to the extent of the investment; excess gains remain chargeable. The bonds must be redeemable after five years and notified with conditions. Disposal or conversion of the new asset within five years causes the exempted amount to be treated as taxable long-term capital gains in the year of disposal, and any loan on the new asset is deemed a transfer on the date of the loan. Act-Rules Bills Fri, 14 Feb 2025 16:45:11 +0530 https://www.taxtmi.com/acts?id=49083