Tax treatment when TDR received against compulsory land acquisition
Sandhya Rani (M.Com) (27 Points)
14 November 2019Sandhya Rani (M.Com) (27 Points)
14 November 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177734 Points)
Replied 16 November 2019
It will be taxable under head CG. Though the act/conditions under which the acquisition taken place is required to be checked.
Akshay Shah
(N/A)
(65 Points)
Replied 22 December 2023
Sir,
If the TDR is received under compulsory acquisition under Right to Fair compensation and Transparency ...2013 Act, Then can you please explain the taxability in case of sale of this TDR?