Please refer to the attach circular regarding tax exemption on land aquisition under RFCTLARR act .
Please calrify weather :-
1. Non agricultural land aquired unde the act will be exempted or not.
2. Weather the exxemption is for individual, HUF ONLY . If the land is owned by Private limited company and is aquired under the Land Aquistion act weather tax exemption is applicable to them or not .
Attached File : 2078271 20170812133943 cbdt circular 36 2016 dt 25 oct 2016 compulsory acquisition of non agricultural land tax free under new land acquisition act cbdt clarification.pdf downloaded: 325 times
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