Under the Capital Gains Tax scheme, individuals can benefit from tax exemption on profits or gains arising from the sale of a capital asset. To qualify for the exemption, the amount of capital gains or the net consideration must be deposited in designated branches of Public Sector banks before the due date for filing an income tax return. However, it's important to note that this exemption is temporary. To maintain the tax exemption on capital gains, the account holder must invest the deposited amount in specified assets within a prescribed timeframe. Failure to invest the balance within the stipulated period may result in the loss of the tax exemption on capital gains.