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How to disclose exempt capital gain from Compulsory acquisition of plot

Hardik Kishorchandra Varia (CA) (42 Points)

23 October 2021  

Hi, My client's non agriculture plot was compulsory acquired by Government under RFCTLAAR ACT, 2013. Please refer the attached circular for it. As per this circular, sale consideration is exempt.

My question is how to show this compensation in ITR? 


 1 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107752 Points)
Replied 24 October 2021

Fill the date under Schedule 'Exempt Income'  column "Others'... 

1 Like

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