A person received amount of Rs 35 lac from compulsary acquition of agricultural land in rural area. where to show this income to claim tds refund .plz guide...
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Quick Summary
If you've received compensation for the compulsory acquisition of agricultural land, this income is generally exempt from income tax. You should declare it under 'Agricultural Income' as exempt income. For salaried individuals, filing ITR 2 is the recommended form to disclose this and claim any TDS refund.