Capital gains tax for enhanced compensation received after land act 2015

Our non agricultural land got acquired in 2014 with compensation received during that year. As per land act/income tax rules prevalent at that time, the capital gains were taxable. The land act was then passed in 2015 exempting acquired land from capital gains tax. We received enhanced compensation in 2019 for the land acquired in 2014. Will the changes in tax due to land act 2015 apply to the enhanced compensation - which means no capital gains payable for the enhanced compensation since it was received after land act as passed 

Replies (1)

"Will the changes in tax due to land act 2015 apply to the enhanced compensation?"

NO.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details