https://www.taxtmi.com/caselaws?id=297688 The Bombay High Court allowed the Writ Petition, directing Respondent No. 3 to refund the 10% deduction of compensation made to Respondent No. 2, who would then refund it to the petitioners. The Court held that compensation for agricultural land is not subject to Income Tax, relieving the petitioners from seeking a refund from the Income Tax Authorities. The judgment aimed to ensure the petitioners receive their rightful compensation promptly, considering their financial circumstances as poor farmers. en-us Tue, 20 Sep 2011 00:00:00 +0530 Fri, 17 Sep 2021 16:36:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297688 The Bombay High Court allowed the Writ Petition, directing Respondent No. 3 to refund the 10% deduction of compensation made to Respondent No. 2, who would then refund it to the petitioners. The Court held that compensation for agricultural land is not subject to Income Tax, relieving the petitioners from seeking a refund from the Income Tax Authorities. The judgment aimed to ensure the petitioners receive their rightful compensation promptly, considering their financial circumstances as poor farmers. Case-Laws Income Tax Tue, 20 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297688