Upgrad LLM

exemption of income tax on compensation received from nhai


MY LAND  ACQUIRED UNDER NHAI ACT 1996 IN 2004.I RECEIVED COMPENSATION IN 2008 AND ENHANCED COMPENSATION PLUS SOLATIUM PLUS INTREST IN 2018.   WILL THIS COMPENSATION/ENHANCED COMPENSATION BE EXEMPT FROM INCOME TAX/CAPITAL GAIN TAX BECAUSE OF THE EFFECT OF RFCTLARR ACT 2013 THAT BECOME EFFECTIVE FROM 01-JAN-2014

 

 
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