Exemption from gain arising on compulsory acquisition

754 views 3 replies
Is their any exemption from capital gains in case of compulsory acquisition of house property by Government, I want to know exemptions other than Section 54 exemptions i.e. 54 F, 54 D, 54 EC , etc. Is their any case law in regard to compulsory acquisition where the gain is exempted by Court.
Replies (3)

Dear Shashin,

, There is a section 54 D which deals with the exemption in case of Compulsory acquisition of land & building of Industrial Purposes...

But other than Industrial land or building   -  "Compulsory Acquisition is just another mode of transfer" & there is no separate exemption  except Sec 10(37) in case of Agriculture Land

Sec 54 &/or Sec 54 EC can be claimed.

 

 

Thanks Amir Sect. 54 D is still there but it is for such land & buildings which are used for Industrial Purposes

Dear Shashin,

Thanks brother ya u r rite that sec is still there only explanation was deleted....

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

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

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details