22 November 2021


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ITAT: Interest on Enhanced Compensation Recd. under LA Act Not Subject to Capital Gain Tax - 28.09.2017

Income Tax Appellate Tribunal (ITAT) has held that the interest received on enhanced compensation for land compulsorily acquired under the Land Acquisition Act is not subject to income tax under the head ‘capital gain’.

Tags : Income Tax Appellate Tribunal Capital Gain Land Acquisition Act

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