Evaluation of compensation due to compulsory land acquisition

2376 views 2 replies

Hi. I have a ac controlled mushroom cultivation farm which is housed inside a building. A portion of the building is due to acquired by railways under the project of expansion of railway track. I need to know about the procedure of calculation of compensation arising due to it. 

  • How will be the compensation for the building  be evaluated? 
  • As only a portion of building falls under the area set to be acquired, will I only be compensated partially or fully? Note that remaining building will be unusable post demolition. 
  • How will I be compensated for the damages arising due to dismantling of mushroom farm and relocating to a different place?
  • How will I be compensated for the loss arising due to loss of income incurred during the time of notice till restarting operation at a different place? 
  • How will I be compensated for the land that will be acquired? Note that it's rural area
  • Will the compensation received be taxable?

I will be highly thankful for your valuable response.

Replies (2)

Can someone provide an approximate idea about the compensation process?

In my opinion, you take professional help from near by CA to you in this case.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details