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How to show compensation received for agricultural land

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(Querist)
20 August 2021 asssessee received Rs. 12,00,000/- in F.Y. 2020-21 as compensation from national highway authority for compulsory acquisition of RURAL agricultural land.
the land is situated far from 20 kms from municipal corporation limit.
no tds is deducted by national highway of authority for the same.

Does assessee require to file return and if yes, how to show this compensation in the return?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 August 2021 No need to file ITR, it's exempt income.
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COTTONCANDY

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COTTONCANDY (Querist)
20 August 2021 THANK YOU SO MUCH SIR
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CA PARTH SHAH

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CA PARTH SHAH (Expert)
21 August 2021 You should disclose it as exempt Income in ITR
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COTTONCANDY

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COTTONCANDY (Querist)
23 August 2021 then how to show the exempted income?
i mean under which section need to show?
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