sir
agriculture land compulsory acquisition by Central govt. such land exemption u/s 10(37) but my case land is non agriculture land such land is urban land it is taxable or not
as per circular no 36/2016 issue by CBDT say that any agriculture or non agriculture land acquisition by Central government in special law than such land exemption under the income tax act
Menu
compulsory aqusition of land
Replies (3)
the capital gains will be exempted in your case only if your land has been compulsorily acquired under rfctlarr act
land will be aquierd for the propse of samrudhi mahamarg
sir i am not testing thanks rama krishnan sir sharing your knowledge with me thanku sir 🙏
Recent Topics :
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
Related Topics :
CAclubindia
