Extension of time for capital gains reinvestment: deadlines run from receipt of compensation in compulsory acquisition cases, easing compliance.

Where an asset is compulsorily acquired, the period for acquiring a replacement asset or for depositing/investing capital gain amounts is to be reckoned from the date of receipt of compensation rather than the date of transfer; deposits under the Capital Gains Accounts Scheme may be made in the previous year in which compensation is received or until the due date for filing that year's return; the extension is not available for certain excluded exemption provisions.

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