<s>[INST] What type of new asset must be acquired or constructed to claim the Section 54GA exemption? [/INST] ​The exemption is available if a capital asset, such as plant, machinery, land, or building, or any right in land or building used for the purpose of an industrial undertaking situated in an urban area, is transferred as part of the shifting of the industrial undertaking to a Special Economic Zone. ​ </s>