Section 53Central Act

Section 53: Exemption of capital gains from a residential house

The Income-tax Act, 1961

Exemption of capital gains from a residential house.

-[Omitted by the Finance Act, 1992 (18 of 1992), section 26 (w.e.f. 1-4-1993).]

Sec 52 — Consideration for transfer in cases of understatement

Sec 54 — Profit on sale of property used for residence

Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.