Capital Gain on Sale of Agricultural Land in Parts

I have sold one Urban Agricultural Land in 3 Parts in same financial year. Can I purchase Single Agricultural Land for saving of Capital Gains arising on Sale.

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Quick Summary
This discussion addresses whether selling urban agricultural land in multiple parts within the same financial year affects the ability to claim capital gains tax exemption. The user sold land in three separate transactions and wants to know if purchasing a single new agricultural land can offset the substantial long-term capital gains tax liability. The advice suggests exploring options like investing in a single agricultural plot or capital infrastructure bonds under Section 54EC to potentially reduce the tax burden.

NO NOT NECESSARILY.
No there is no need

My question is that I sold a Urban Agricultural Land in Three Parts i.e. on 21-08-2020 in 21 Lac, on 24-08-2020 in 55 Lac and on 28-08-2020 in 32 Lac and now the Long term capital gain is arising as Rs. 39 Lac on sale of these three parts. Can I purchase a single Agricultural Land to save my Long Term Capital Gain Tax of Rs. 39 Lacs.

Invest in capital infrastructure bonds as per Sec 54EC

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