Trust Taxation


This query is : Resolved 

(Querist)
21 September 2008 in case of compensation amount(excluding interest amount) recieved from gov. for compulsory aquisition of land how one would be to satisfy 85% criteria, can I make investments u/s 11(5), also i won't be able to benefit of sec 54 and so.

21 September 2008 11(5) is not permitted. Try 54EC.


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