Capital gain
This query is : Resolved
30 May 2014
SUB : A Company Received Compensation From Central Government for Compulsory acquisition of Land and Building.
Case: Central Government compulsory acquired Land and Compound wall of X Ltd for Construction of Highway bridge. For this government gave compensation for the acquisition. Whether the Compensation will eligible to Claim Exemption U/s 54D ?
Case: Central Government compulsory acquired Land and Compound wall of X Ltd for Construction of Highway bridge. For this government gave compensation for the acquisition. Whether the Compensation will eligible to Claim Exemption U/s 54D ?
30 May 2014
yes it will get the benefits of sec 54D subject to, however, satisfying the other conditions mentioned in the section.
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
- ADT-3 AND ADT-1
- TDS Under Section 194IA Where More than one Buyer and More than one Seller
- FOREIGN GAIN AND LOSS
- TDS on rent paid to NRI rate
- Itr .….......
- E-way bill issue with two invoice
- Interest on Capital-Partnership Firm
- LABOUR SUPPLY BILL - RCM APPLICABLITY
- Licenses/registrations to be updated for change in name of company
- Share valuation MTHOD
- Nomination son
- IRN was not generated for October-2025 Invoice but generated e waybill, now it is self identified,
- 54 F DEDUCTION IN RESIDENTIALPROPERTY
- GST Registration for Fiverr
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
