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RECD COMPENSATION IS EXEMPT OR NOT
I recd Compensation in regard to compulsory acq. Whether it is exemt or taxable
Replies (5)
Wat about rehabilitation and restrictions act 2013.
Depends for what u are receiving compensation
Is it under RFCTLARR Act?
Is it under RFCTLARR Act?
My land is compulsorily acquired. Then wat factor should be check.
If acquired under RFCTLAAR act, 2014; its tax-exempt. But if before that than other factors are required to be analyzed.
What conditions?
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