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Income Tax - Highlights / Catch Notes

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Exemption u/s 10(37) - compulsorily acquired of land - merely ...

Income Tax

March 19, 2017

Exemption u/s 10(37) - compulsorily acquired of land - merely because the assessee to avoid litigation entered into negotiations and settled the final compensation would not alter the character of acquisition which remains compulsory - benefit of exemption allowed - SC

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