Section 54D - Exemption from Capital Gain on Compulsory Acquisition of Land or Building forming part of Industrial Undertaking

Neethi V. Kannanth , Last updated: 13 March 2021  
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Did you know that there will be capital gain on account of compensation received on such compulsory acquisition of Land or Building which was used by the assessee for the purpose of his business.? Not only that, the assessee would also be liable to pay capital gain tax on the capital gain earned.

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Neethi V. Kannanth
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Category Income Tax   Report

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