Is there any benefit available in respect of reinvestment of capital gain in any other capital asset?

Section under which benefit is available

Gain eligible for claiming exemption

Asset in which the capital gain is to be re-invested to claim exemption

section 54​

Long-term capital gain arising on transfer of residential house property.

Gain to be re-invested in purchase or construction of one residential house property in India.

section 54B

Long-term or short-term capital gain arising on transfer of agricultural land.

Gain to be re-invested in purchase of agricultural land.

section 54EC

Long-term capital gain arising on transfer of any capital asset.

Gain to be re-invested in bonds issued by National Highway Authority of India or by the Rural Electrification Corporation Limited.

​ Section 54EE

Long-term capital gain arising on transfer of any capital asset.

Gain to be re-invested in units of specified fund, as may be notified by Govt. to finance start-ups.

section 54F

Long-term capital gain arising on transfer of any capital asset other than residential house property.

Net sale consideration to be re-invested in purchase or construction of one residential house property in India.

section 54D

Gain arising on transfer of land or building forming part of industrial undertaking which is compulsorily acquired by Government and was used for industrial purpose for a period of 2 years prior to its acquisition.

Gain to be re-invested to acquire land or building for industrial purpose.

section 54G

Gain arising on transfer of land, building, plant or machinery in order to shift an industrial undertaking from urban area to rural area

Gain to be re-invested to acquire land, building, plant or machinery in order to shift the industrial undertaking from an urban area to a rural area

section 54GA

Gain arising on transfer of land, building, plant or machinery in order to shift an industrial undertaking from urban area to any Special Economic Zone

Gain to be re-invested to acquire land, building, plant or machinery in order to shift the industrial undertaking from urban area to any Special Economic Zone.

section 54GB​

Long-term capital gain arising on transfer of residential property (a house or a plot of land). The transfer should take place during 1st April, 2012 and 31st March 2017. However, in case of investment in “eligible startup”, sunset limit of 31st march 2017 is extended to 31st march 2019.​

The net sale consideration should be utilised for subscription in equity shares of an "eligible company".  ​W.e.f. April 1, 2017, eligible start-up is also included in definition of eligible company​