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KIADB Land Compensation Exempt from Income Tax Under Section 96 of 2013 Act
Case Law Details
- Case Name
- Chief Commissioner of Income Tax Vs Smt. P. Jaishree (Karnataka High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
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- Courts
- All High Courts, Karnataka High Court
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Chief Commissioner of Income Tax Vs Smt. P. Jaishree (Karnataka High Court)
Karnataka HC: Compensation for KIADB land acquisition exempt u/s 96 of 2013 Act – Land-acquisition compensation exempt from income-tax- Karnataka HC affirms refund to landowner
The Revenue preferred this writ appeal under Section 4 of the Karnataka High Court Act challenging the order of the learned Single Judge dated 09-01-2024 in W.P. No. 7660/2023.
The respondent-assessee, P. Jaishree, had received compensation upon compulsory acquisition of her land by the Karnataka Industrial Area Development Bo...
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