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Royalty received on land acquired under compulsory acquisition
what will be the tax implications on the amount of royalty received from the agriculture land acquired under compulsory acquisition if compensation received from land is exempt under Income tax act
Replies (4)
Rural or urban
Sabyasachi mukherjee urban but with in limit which is exempt as per capital gain head
So my question was absolutely correct.
Sabyasachi mukherjee do you have any idea about it?
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