Section 54D
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 February 2011
For the purpose of Section 54D,can purchase of land and building within three years of the transfer of the original asset, be for restarting the previous industrial underkaking or can it be for any other industrial undertaking?
Guest
Guest
(Expert)
22 February 2011
Investment can be made for shifting or reestablishment or for new undertaking, both.
Dhirajlal Rambhia
(Expert)
07 November 2021
Restarting previous undertaking.......
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