banner_ad

Exemption u/s 10(37)

144 views 1 replies


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

Replies (1)

TRANSFER IN URBAN LAND IS TAXABLE WHETHER COMPENSATION RECEIVED FROM THE ASSESSEE OR HIS LEGAL HEIR 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details