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Finance

Sold a house and bought another within 2 years? Here's when capital gains could still be taxable – Section 54 rules

Photo: Mint

Sold a residential house and reinvested the capital gains? Section 54 of the Income-tax Act, 1961, now Section 82 under the 2025 Act, offers tax relief subject to specific conditions. Here’s when the exemption can be denied or withdrawn.

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