Capital gain
This query is : Resolved
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.
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...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- GST ISD Query on various AMCs
- Query regarding reporting of exempt foreign remuneration in ITR
- Rent claimed on building given on permissive possession basis
- Taxation on Old jewellery sold
- PF wage ceiling
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Short Term Gain Reporting ITR
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
