Preparation for exemption of capital gains or transfer of property used for the residence of his parents and property used for two years for the purchase or construction of any other such property on or before any specialty property. The scope of section 44 of the transfer of the property must be residential property within two years. The exemption is not entitled to exemption under the 55th Indian Income Tax Act, 1961, section 454, on leave and license basis and as part of the owner.
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