{"id":23503,"date":"2022-01-08T10:24:39","date_gmt":"2022-01-08T04:54:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=23503"},"modified":"2022-01-09T09:53:25","modified_gmt":"2022-01-09T04:23:25","slug":"compulsory-acqusition-on-non-agricultual-land","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/compulsory-acqusition-on-non-agricultual-land\/","title":{"rendered":"Compulsory acquisition of non agricultural land"},"content":{"rendered":"<p>Dear Sir,<\/p>\n<p>A portion of my land which is non agricultural was acquired by the Govt.of Kerela for construction of a bridge in 2017. During this time they had verbally mentioned that this was tax free.\u00a0 They gave me the compensation for the land acquired, but now I am being told that I have pay capital gain tax for this. Can i just ignore this and avoid paying tax for this compulsory acquisition of non agricultural land?<\/p>\n<p>This is really unfair that the govt. takes land forcefully from people and then we are forced to pay tax on compensation given by the govt. due to the loss incurred for us.<\/p>\n<p>Please advise on this.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[139],"qa_category":[23],"qa_tag":[24,478,110],"class_list":["post-23503","qa","type-qa","status-publish","hentry","qa_expert-research-team","qa_category-income-tax","qa_tag-capital-gains","qa_tag-land-acquisition","qa_tag-taxability-of-compensation"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/23503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=23503"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23503"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=23503"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=23503"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=23503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}