The correct answer is D. Compensation received from municipal corporation for the acquisition of land for the construction of road.
A revenue receipt is a receipt that is received in the course of normal business activities. It is not a capital receipt, which is a receipt that is received from the sale of an asset or from the raising of capital.
The amount realized from the sale of investments is a capital receipt. Dividend received on investment is also a capital receipt. Amount borrowed from a bank is a capital receipt.
Compensation received from municipal corporation for the acquisition of land for the construction of road is a revenue receipt. It is a receipt that is received in the course of normal business activities. The company is in the business of owning and developing land. The compensation is received for the use of the land. The compensation is not a capital receipt because it is not received from the sale of an asset or from the raising of capital.