Live Help
Get News Alerts from on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session

Interest awarded under Land Acquisition Act forms part of compensation; not liable to tax

December 4, 2018[2018] 99 90 (Bangalore - Trib.)/[2018] 173 ITD 399 (Bangalore - Trib.)

IT: Interest awarded on enhanced compensation paid by Government for acquisition of agricultural land of assessee under section 28 of Acquisition Act would partake of character of compensation and would be eligible for exemption under section 10(37)
Best view in 1140 x 768