Taxation for govt compensation
Debabrat Bordoloi (L&D Consultant) (24 Points)
26 July 2016Debabrat Bordoloi (L&D Consultant) (24 Points)
26 July 2016
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 28 July 2016
As per section 45(5), consideration received against Compulsory acquisition by the Central Government shall also attract Capital Gain.