10(37) exemption available only if the certian condition specified in the section are fulfilled and out of them one of the condition is that: consideration / compensation for transfer of urban agriculture land is received by assessee.
What if it is received by a person other than assessee I,e legal heir then captial gain exemption is available or not
TRANSFER IN URBAN LAND IS TAXABLE WHETHER COMPENSATION RECEIVED FROM THE ASSESSEE OR HIS LEGAL HEIR
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