<s>[INST] Who can claim exemption under Section 54GA? [/INST] ​The capital gain must be used for the specified purposes within 1 year before or 3 years after the date of transfer. Any capital gain that has not been utilized within 1 year prior to the date of transfer or before the due date of submitting the income tax return for the intended purposes, should be deposited into a capital gains account at a bank prior to the due date for submitting the income tax return. ​ </s>