Capital gains on compensation recieved.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 March 2014
If i get compensation from Govt. as they acquire my commercial property,so can i claim exemption u/s 54 for the capital gains so earned?
Nikhil Kaushik
(Expert)
16 March 2014
exemption shall be under 54D or 54F or 54EC. 54 shall not be available.
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