sir
can you please tell me do I need to pay income tax for the amount to be received from the government in regard to the land acquisition of my property this year 2020. please guide me.
thank you, regards.
Yousuff
In case consideration is received under The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 then whole amount received will be exempted u/s 96 of the said Act
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