no exemption u/s 96 of RFCTLARR Act for compensation under National Highway Act

Compensation paid under the National Highway Act, 1956 cannot be given the benefit of section 96 of the RFCTLARR Act, 2013, therefore, receipt from the land acquisition shall be taxable in the hands of assessee.

29 Jun 2021

Compensation paid under the National Highway Act, 1956 cannot be given the benefit of section 96 of the RFCTLARR Act,…