Exemption under section 54G on fulfilling of specified conditions is available on:
A. Shifting of industrial undertaking from urban area to a Special Economic Zone (SEZ)
B. Shifting of industrial undertaking from urban area by Government.
C. Compulsory acquisition of land and building
D. Transfer of certain capital asset as specified.
Answer:A
Exemption under section 54G on fulfilling of specified conditions is available on:
A. Shifting of industrial undertaking from urban area to a Special Economic Zone (SEZ) B. Shifting of industrial undertaking from urban area by Government. C. Compulsory acquisition of land and building D. Transfer of certain capital asset as specified.