You're asking if selling gold jewellery purchased between 1980 and 2000 can be exempt from capital gains tax when reinvested in residential property. While Section 54 doesn't apply, you may be eligible for an exemption under Section 54F.
28 June 2021
can i sell my gold jewellery and invest in a residential property and claim exemption of capital gains under sec 54 -- i was married in 1980 and since have invested in gold jewellery till 2000 thanks