Exemptions available on Sale of Immovable Property
(FY 2025-26)
| Section | Applicable On | Investment Required | Time Limit | Maximum Exemption |
|---|---|---|---|---|
| 54 | Sale of Residential House Property | Reinvest capital gains in another residential house in India | Buy: 1 yr before / 2 yrs after Construction: 3 yrs | Lower of capital gain or cost of new house |
| 54F | Sale of any long-term asset other than residential house (land, commercial property, etc.) | Invest entire sale consideration in one residential house | Buy: 1 yr before / 2 yrs after Construction: 3 yrs | Proportionate exemption based on investment |
| 54EC | Sale of any long-term capital asset | Invest capital gains in specified bonds (NHAI, REC, PFC, IRFC) | Within 6 months from sale | ₹50 lakh |
| 54B | Sale of Agricultural Land | Purchase another agricultural land | Within 2 years | Capital gain invested |
| 54D | Transfer due to compulsory acquisition of industrial land/building | Purchase/construct industrial land/building | Within 3 years | Capital gain invested |
| 54GB | Sale of long-term asset (not house) | Invest in eligible startup/SME equity | Within 6 months | Capital gain invested |
| CGAS | When reinvestment not done before ITR due date | Deposit in Capital Gains Account Scheme | Before return due date | Amt deposited |
*Disclaimer: The information on this website is for general guidance only and does not constitute professional advice. Please consult a qualified professional before acting on it.