18 April 2017
If the government has made compulsory acquisition of non agricultural land, then what is the treatment under the Income Tax Act. Is it taxable or not????
19 April 2017
Sir, CBDT Clarification Circular on Non Taxability of the Compulsory Acquisition of Non-Agricultural Land, i.e. compensation received by land owners for acquisition under ‘Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (RFCTLAAR)
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