How to Claim Capital Gain Tax Exemption on Redevelopment Projects?

| Last updated: 27 September 2024

Section 45 of the Income Tax Act, 1961, provides that any profits or gains arising from the transfer of a capital asset effected in the previous year will be chargeable to income tax under the head 'Capital Gains'. If the land or building or both have been held for less than 24 months, then short t
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Chaitra Seetharam

About the Author

Finance Professional

I write on Income Tax, TDS, ITR filing, banking rules, investment schemes, and financial law updates in India. My articles simplify complex tax provisions, compliance requirements, and policy changes to help taxpayers, professionals, senior citizens, and businesses stay informed and financially aware.

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