https://www.taxtmi.com/acts?id=49213 Non resident Indians who reinvest whole or part of the net consideration from a foreign exchange asset into specified assets within the prescribed period can exclude all or a proportion of the long term capital gain from tax, with exemption limited by the cost-to consideration ratio; defined terms for cost and net consideration apply and a recapture rule restores taxability if the new asset is converted to money within the specified post acquisition period. en-us Fri, 14 Feb 2025 17:45:46 +0530 Sat, 15 Feb 2025 11:18:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49213 Non resident Indians who reinvest whole or part of the net consideration from a foreign exchange asset into specified assets within the prescribed period can exclude all or a proportion of the long term capital gain from tax, with exemption limited by the cost-to consideration ratio; defined terms for cost and net consideration apply and a recapture rule restores taxability if the new asset is converted to money within the specified post acquisition period. Act-Rules Bills Fri, 14 Feb 2025 17:45:46 +0530 https://www.taxtmi.com/acts?id=49213