INCOME TAX ON INTEREST FOR DELAY PAYMENT OF COMPENSATION
This query is : Resolved
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08 July 2023
Dear All,
My land is compulsory acquired by state government and for that they have paid compensation. They have paid such compensation with interest for delay in payment. I want to know whether such interest is taxable or tax free?
Thanking You.
Nirmal Dave
My land is compulsory acquired by state government and for that they have paid compensation. They have paid such compensation with interest for delay in payment. I want to know whether such interest is taxable or tax free?
Thanking You.
Nirmal Dave
01 August 2023
Ok
Thank You for your valuable reply.
Thank You for your valuable reply.
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