Capital Gain on Compulsory Acquisition


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Querist : Anonymous (Querist)
13 December 2010 If the property of an industrial undertaking is acquied by the Government,how can the Capital Gain arising from such a transfer beexempted? Whar are the applicable conditions in this regard?

13 December 2010 Exemtion is avialble u/s 54D on invetment in the new assets.


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