Capital gain tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2017
Whether solatium received on compulsory acquisition of land is taxable? Please provide supreme court or high court judgement details in this matter.
24 July 2017
Yes Solatium received on compulsory acquisition is taxable, you can refer Judgement of Delhi High Court in case of CIT V/s Sharda Kochhar
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