karan goel (Student CA Final ) 20 February 2016
Shivani Mittal (Practice) 22 February 2016
If this is a case of compulsory acquisition of land, then terms & conditions of such rehabilitation charges received is to be checked for considering it as a sale consideration i.e the enhanced consideration. Refer Sec 45(5) & the following link
Accordingly, sale consideration will be Rs 10 lacs, if the conditions are satisfied else it will be Rs 5 lacs.