Tax charge on intt.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 January 2013
Pls tell me about tax charge on interest received on compulsory land accquisition compunsation by state & central govt. & any deduction on this.
21 January 2013
Please Refer Section 56(2)(viii) for the charge of interest and Section 57(iv)
for deduction.
for deduction.
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