Capital gains exemption for transfer of industrial assets to a special economic zone when an undertaking shifts its urban operations. Exemption under Section 54GA applies where a capital asset is transferred as part of relocating an industrial undertaking to a Special Economic Zone; it covers plant and machinery, land, buildings, or rights in land or buildings used for an industrial undertaking situated in an urban area.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Capital gains exemption for transfer of industrial assets to a special economic zone when an undertaking shifts its urban operations.
Exemption under Section 54GA applies where a capital asset is transferred as part of relocating an industrial undertaking to a Special Economic Zone; it covers plant and machinery, land, buildings, or rights in land or buildings used for an industrial undertaking situated in an urban area.
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