https://www.taxtmi.com/acts?id=51618 Exemption applies where capital gains from transfer of industrial assets on relocation from an urban area are applied to purchase new plant or premises, shift assets, or incur scheme specified expenses in the new area within the prescribed period; reinvested amounts reduce or eliminate taxable capital gain and are treated as cost of the new asset, with unutilised amounts required to be deposited in a specified bank and taxed if not utilised within the prescribed period. en-us Wed, 13 Aug 2025 19:07:46 +0530 Tue, 26 Aug 2025 14:31:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51618 Exemption applies where capital gains from transfer of industrial assets on relocation from an urban area are applied to purchase new plant or premises, shift assets, or incur scheme specified expenses in the new area within the prescribed period; reinvested amounts reduce or eliminate taxable capital gain and are treated as cost of the new asset, with unutilised amounts required to be deposited in a specified bank and taxed if not utilised within the prescribed period. Act-Rules Income Tax Wed, 13 Aug 2025 19:07:46 +0530 https://www.taxtmi.com/acts?id=51618