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Exemptions in case of short term capital gain

This query is : Resolved 
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(Querist)
26 December 2012 Dear Sir,
I claimed exemption of Long Term Capital Gain u/s 54 in my income tax return filed in July 2011.The property was sold in Dec.2010.But now i want to sell my newly constructed house due to shortage of funds.Please guide me if there are any Govt. Schemes where i can invest my amount of Short Term Capital Gain to save Income Tax.
Thank you.
Arun Sharma
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Amol S Joglekar

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Amol S Joglekar (Expert)
26 December 2012 Currently; No such exemption is available.
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