Compensation on Compulsory Acquisition
Shakir Ravjani (Student) (192 Points)
10 March 2018
Compensation received on compulsory acquisition of rural agriculture land taxable or not?
1 Replies
Rishi Mehta
(Ur friend )
(1533 Points)
Replied 10 March 2018
Not taxable since Rural agriculture land is not capital asset as defined under the Income Tax Act.
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
Related Threads
CAclubindia
