How to save taxes on Sale of residential house ?

Holding residential house for 24 months or more is considered as Long term capital assets. Gain/profit arising from sale of residential house is considered as Short term capital gain or Long term capital gain as per period of holding of residential house. Here we are analysing available options to save taxes on long term capital gains on Sale of Residential house.

Option 1:

Option 2:

Option 3:

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