Hi,
my residential property is acquired by government as part of its 2013 acquisition act to make a fly over.
my question is do I need to pay capital gain tax on the capital gain from this property or will it be exempted as it was acquired directly by government under 2013 acquisition act..
if it attracts capital gain what are my option to minimize the tax
thanks
NO CAPITAL GAIN PROVIDED ACQUIRED UNDER SECTION 96 OF THE RFCTLAAR ACT, 2014
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