Transfer of asset received as compensation on compulsory acquisition of agricultural land attracts capital gains tax

IT : Where assessee had sold leasehold right in a plot of land acquired by it by way of an additional compensation received for compulsory acquisition of agricultural land, belonging to her late father, since it was a right in plot of deceased father against which assessee was allotted leasehold right and same could not be considered as agricultural land transferred during year,

from www.taxmann.com Latest Case Laws http://bit.ly/2S2Zoss