Compensation for standing coconut trees cleared
This query is : Resolved
28 November 2013
Rs.57 lacs recd as compensation from govenment for clearing yielding coconut trees for erecting and leading electric high tension lines. is the compensation recd, taxable or exempt?
what is the sec i must refer
what is the sec i must refer
28 November 2013
Liable for income tax under the head 'capital gains'.
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