Sale of vacant site

If you use the entire capital gains for the purchase of the new property, then you don't have to pay any capital gains tax. Who is it for? Exemptionsunder Section 54F is ideal for people who sell a property to pay for the purchase of a new residential property.

The problem arises because the term property is not clearly defined as land or home. This article suggests, if you build a new home, you will get exemption, or else invest in bonds https://www.adityabirlacapital.com/abc-of-money/how-to-calculate-capital-gains-tax-on-sale-of-land