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Enhanced compensation received

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(Querist)
31 May 2019 sir,
agriculture land govt. ne compulsory acquired ki thi 20 yrs pahle , ab uska enhanced compensation mila. sir kya ye taxable hoga ? govt. ne 10% TDS deduct kar liya h . ye refund ho jayega. sir please reply
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Amol S Joglekar

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Amol S Joglekar (Expert)
01 June 2019 yes, it is taxable. You can compute the income and accordingly apply for refund or otherwise.

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