Short term capital gain on transfer of residential house

there is no exemption available in case of short term capital gains on transfer of Residential House Property. 

However, Exemption under section 54 can be claimed in respect of capital gains arising on transfer of capital asset, being long-term residential house property.

Read more at: /forum/details.asp?mod_id=323981#.VRk1uPyUdMg

PFA

I think exemption available for Short Term Capital Gain is

54B - on transfer of agriculatural land

54D - on transfer land or building forming part of industrial undertaking

54G - on transfer of plant & machinery, building ,land situated in urban area to other area

54GA - on transfere of plant & machinery, building ,land situated in urban area to SEZ

So, no exemption available in this case

Now coming to the tax treatment for all those tax payers who are deriving long term capital gain on selling real estate assets...

Thank you very much for all