Section 54D


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 February 2011 The property of a indutrial undertaking is compulsariy acquired by the authorities.Prior to its acquisition,the industrial undertaking eas carrying on its business for several years.

However,the compensation was received by the company after four years of acquisition by the authorities and no business could be done after acqusition.

What are the implications of Section 54D in this case ?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 February 2011 The question is regarding the availability of deduction u/s 54D.

05 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query