
There are a couple of exceptions accessible for long haul Capital Gains, on the off chance that you:
Purchase or develop another house : If you construct another house or get one from the cash you get from selling a property, you are absolved from paying the duty on Capital Gains. Nonetheless, the new buy ought to be done possibly one year prior or inside two years of offer and the development ought to be finished inside a long time from the date of move. The new property purchased or developed ought not be sold inside a long time from the date of its buy or date of fulfillment of development.
Capital Gain Account Scheme : Through the Capital Gain Account Scheme (CGAS), you can set aside the got cash in assigned banks. CGAS helps you in delaying to search for appropriate speculations as it serves to educate the Income Tax office that you intend to put away the cash got; yet sometime in the not too distant future.
Put resources into Bonds : You can likewise put resources into monetary resources or securities to save charge. Such bonds are given by the Rural Electrification Corporation and the National Highway Authority of India and ought to be purchased inside a half year of moving the property. You can contribute a limit of Rs 50 lakhs through these bonds.