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combination on land tax
sir agriculture land me combination mila hi. national hi way road banany ky liy. kya is per tax dena hoga.
Replies (3)
The RFCTLARR Act came into effect on 1st January, 2014. Section 96 of the Act says that income tax shall not be levied on any award or agreement made under this Act. Therefore, compensation received for compulsory acquisition of land under this Act is exempted from the levy of Income tax.
very very thanks sir
My Pleasure...... Thanks....
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