Capital gain
This query is : Resolved
Surbhi Joshi
(Querist)
27 September 2013
if I had sold and industrial land and again purchase another industrial land with it , and there is no compulsory acquisition so can I get exemption in any way
27 September 2013
Refer sec 54 for more details.
CA Pallav Singhania
(Expert)
27 September 2013
You can Claim Exemption U/S 54F in respect of purchase of House Property,
Or Can Claim U/S 54 EC in respect of investing in NHAI or RECL bonds..
Section 54D can not be claimed as I'm concerned in respect of purchase of industrial undertaking...
As its for compulsorily acquisition...
Or Can Claim U/S 54 EC in respect of investing in NHAI or RECL bonds..
Section 54D can not be claimed as I'm concerned in respect of purchase of industrial undertaking...
As its for compulsorily acquisition...
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