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Income Tax - Highlights / Catch Notes

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Taxability of compensation received on acquisition of land - In ...

Income Tax

September 8, 2022

Taxability of compensation received on acquisition of land - In the instant case the assessee received compensation for compulsory acquisition of commercial land during the F.Y. 2014-15 which was exempted under section 96 of the RFCTLARR Act, as clarified by the CBDT Circular - AT

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