https://www.taxtmi.com/acts?id=51616 Long term capital gains from transfer of land or building are not charged if whole or part of the gains are invested within six months in a long term specified asset; gains exceeding the investment are charged, otherwise they are exempt. Investment is subject to a monetary ceiling and may be aggregated across the year of transfer and the subsequent year. If the new asset is transferred or converted into money within five years, the deferred gains become chargeable in that year; a loan on the security is deemed conversion, and such investments are excluded from a separate deduction provision. en-us Wed, 13 Aug 2025 19:07:12 +0530 Fri, 05 Sep 2025 12:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51616 Long term capital gains from transfer of land or building are not charged if whole or part of the gains are invested within six months in a long term specified asset; gains exceeding the investment are charged, otherwise they are exempt. Investment is subject to a monetary ceiling and may be aggregated across the year of transfer and the subsequent year. If the new asset is transferred or converted into money within five years, the deferred gains become chargeable in that year; a loan on the security is deemed conversion, and such investments are excluded from a separate deduction provision. Act-Rules Income Tax Wed, 13 Aug 2025 19:07:12 +0530 https://www.taxtmi.com/acts?id=51616