Tuesday, September 4, 2018

Interest awarded under Land Acquisition Act forms part of compensation; not liable to tax

IT : Interest awarded to assessee under section 28 of Land Acquisition Act, 1894 on enhanced compensation paid for acquisition of agricultural land, would be eligible for exemption under section 10(37)

from www.taxmann.com Latest Case Laws https://ift.tt/2Q2VKyX
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