https://www.taxtmi.com/acts?id=50269 Statute exempts capital gains to an individual from transfer of a long-term residential house (income under Income from House Property): full exemption if consideration does not exceed a specified threshold; otherwise a proportionate exemption equal to the threshold-to-consideration ratio; exemption inapplicable if the assessee owns any other residential house on the transfer date. en-us Thu, 06 Mar 2025 18:06:27 +0530 Thu, 06 Mar 2025 18:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50269 Statute exempts capital gains to an individual from transfer of a long-term residential house (income under Income from House Property): full exemption if consideration does not exceed a specified threshold; otherwise a proportionate exemption equal to the threshold-to-consideration ratio; exemption inapplicable if the assessee owns any other residential house on the transfer date. Act-Rules F. Acts / Amendment Acts Thu, 06 Mar 2025 18:06:27 +0530 https://www.taxtmi.com/acts?id=50269