Case Law Details
Case Name : ITO Vs Suresh Prasad (ITAT Patna)
Related Assessment Year : 2014-15
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ITO Vs Suresh Prasad (ITAT Patna)
CBDT vide Circular No. 36/2016 dt. 25/10/2016 clarified that the compensation received in respect of award or agreement which has been exempt from levy of Income Tax vide section 96 of the RFCTLARR Act shall also not be taxable under the provisions of Income Tax Act, 1961 even if there is no specif
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what is the tax impact on aquisition of non agricultural land belonging to an Educational Institution which is Registered under Co-operative Act as an Association of Persons by the Government for development of National Highway