Compulsory acquisition of land

land compulsorily acquired by govt in 1979. against acquisition assessee went on appeal to district Court and high court and the compensation totally received in August 2022.
in this scenario need help on the following points
1. gross amount 30 lacs. tds under 194la deducted 3 lacs in 2018 on accrual. but since the actual amount received only in aug 2022, assessee showed it under tds carry forward in 2018 and no income declared in 2018. this year cn we bf n file belated return before 31st dec?
2. since this amounts to LTCG, can we claim any expenses incurred in the court during appeal?
Replies (1)
Yes and yes. hope you have filed the return.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details