<s>[INST] Which capital assets are qualified for Section 54GB exemption? [/INST] The exemption under Section 54GB​ is available only if capital gain arises from the transfer of a long-term capital asset which is residential property (a house or plot of land) ('original asset'). The exemption is available only if the original asset is transferred between April 1, 2012 and March 31, 2017. However, if the investment is to be made in an eligible start-up, the original asset can be transferred up to March 31, 2022. </s>