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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Interest received on compensation or enhanced compensation ...

Income Tax

March 15, 2019

Interest received on compensation or enhanced compensation amount u/s 28 of the Land Acquisition Act - Such interest are part of compensation and either taxable as capital gain or exempt from capital gain u/s 10(37) but not taxable as Income from other sources.

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