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Compulsory Acquisiton

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30 September 2023 Assesee land - vaccant site has been acquired by the govt and compensation is paid. My doubt is whether capital gain is applicable. TDs has been deducted. Not sure whether the transaction is covered under RFCTLARR
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
01 October 2023 https://incometaxindia.gov.in/tutorials/81.tax-treatment-on-compulsory-acquisition-of-land.pdf
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