Compensation received by pvt ltd. compnay on compulsory acquisition of its office industrial land by

Tax queries 210 views 1 replies

Industrial land owned by Pvt Ltd company has been compulsorily acquired by NHAI. Pvt. Ltd. company can claim exemption of this amount by vide circular no.36/2016 of CBDT dated 25/10/2016 ?

Replies (1)

Yes, or else you may also claim exemption u/s 54D


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