Income generated from land given to the ap govt for land pooling

Tax queries 79 views 1 replies

Under the Land Pooling plan of AP Govt., land was acquired by the Govt. and a sum of Rs 30,000 is given to the land owners annualy as rent. Is this amount taxable in the hands of the assesse?

Replies (1)

Yes, u/h. IFOS ... 


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