Capital gain tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2017 Whether solatium received on compulsory acquisition of land is taxable? Please provide supreme court or high court judgement details in this matter.

24 July 2017 Yes Solatium received on compulsory acquisition is taxable, you can refer Judgement of Delhi High Court in case of CIT V/s Sharda Kochhar


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