Which method would be tax saving.

Long Term Capital Gain - Exemption

u/s 54

u/s 54B

u/s 54EC

u/s 54F

a.

Who can claim exemption

Ind/HUF

Individual /HUF added by Finance Bill 2012 wef fy 12-13

Any person

Ind/HUF

b.

Eligible assets sold

A residential
House property
(minimum holding period 3 year)

*Agriculture land which  has been   used   by   assessee himself or by his parents for agriculture purposes during last 2 yrs of transfer

Any   long-term capital assets (minimum holding period 3 years) 

Any long term asset (other  than  a residential  house  property ) provided on the date of transfer the taxpayer does not own more than one residential house property from  the assessment year 2001-02 (except the new house)

c.

Assets to be acquired for exemption

Residential house property

Another agriculture land
(urban or rural)

Bond of NHAI or
REC

Residential house property

d.

Time limit for acquiring the new assets

Purchase :1 year back or
2    y e a r   f o r w a r d , Construction:   3   year forward

2 yrs forward

6 months forward

Purchase :1 year back or 2 year forward, Construction:
3 year forward

e.

Exemption Amount

Investment in the new assets or capital gain, which ever is lower

Investment in
the agriculture land or capital gain, which ever is lower

Investment   in   the new assets or capital gain,  which  ever  is lower (Max. Rs.  50
Lacs in Fin. Yr.)

Investment in the new assets / Net
Sale consideration X capital gain

f.

Whether "Capital gain deposit account  scheme" applicable

Yes

Yes

not applicable

Yes