Exemptions available in respect of Capital Gains “This document contains the provisions of the Income-tax Act, 1961, as amended by the Finance Act, 2026.”
Exemptions available in respect of Capital Gains
* The Central Government has notified bonds redeemable after five years and issued on or after 1st day of April, 2025 by ‘Housing and Urban Development Corporation Limited (HUDCO)’ as ‘long-term specified asset’ for section 54EC.[Notification no. 31/2025, dated 07-04-2025]
Note 1: Cost of new assetcannot exceed Rs. 10 crore. Further, if no investment is made by assessee in new asset and sum is deposited in capital gain account scheme, the maximum amount shall be taken into consideration is Rs. 10 crore for the purpose of exemption. (Applicable from Assessment Year 2024-25).
[As amended by Finance Act, 2026]
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“This document contains the provisions of the Income-tax Act, 1961, as amended by the Finance Act, 2026.”
