Tuesday, June 9, 2020

Compensation received on acquisition of land under RFCTLARR Act, 2013 is exempt from tax: HC

INCOME TAX : 2013 Act, does not leave any doubt in mind that if the land is acquired in result of an agreement, it would not fall within mischief of the Act and, thus, exemption is liable to be granted in respect of compensation received on land acquired under the provisions of 2013 Act

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