Taxability of partial compulsory acquisition of hotel??
This query is : Resolved
10 November 2014
Taxability of partial compulsory acquisition of hotel??
What is the taxability of partial compulsory acquisition of hotel..my client have a hotel which is partial destroyed by government and award compensation..should i take the whole compensation amount for tax or get the benefit of my COA/CAI to some extent
11 November 2014
it will b taxed as per section 45(5)
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