Compensation for trees
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2013
If Power Grid company cuts some tree and giving compensation for this, then what is the tax liability on this amount received.
Can we take this as Agricultural Income.
Can we take this as Agricultural Income.
30 July 2013
yes if it is in ag land
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 July 2013
yes, in ag. land.
thnx sir.
thnx sir.
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