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Interest on compulsary acqustion

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(Querist)
13 December 2014 Respested Sir,
Please tell me Interest received on compualsary acqustion is taxable & not.
sec. 57(iv) 50% interest exempt
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CA VISHWAKEERTHI.P.S.

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CA VISHWAKEERTHI.P.S. (Expert)
14 December 2014 Definitely partially taxable.
i.e., 50 %

With effect from the Assessment Year 2010-11, in case of interest on Compensation or Enhanced Compensation, 50% of such interest
exemption u/s 57(iv) .

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