https://www.taxtmi.com/caselaws?id=429041 Compensation received for compulsory acquisition of land was treated as exempt where the acquisition proceedings fell within the 2013 land acquisition regime, section 96 barred income-tax on such awards except those covered by section 46, and CBDT Circular No. 36 of 2016 clarified that the exemption applies under the Income-tax Act even without a separate exempting provision. On unsold flats, the addition for deemed income from house property was deleted because the same issue had already been decided in the assessee's own case for an earlier year and no distinguishing feature was shown. en-us Wed, 12 Oct 2022 00:00:00 +0530 Mon, 17 Oct 2022 05:06:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429041 Compensation received for compulsory acquisition of land was treated as exempt where the acquisition proceedings fell within the 2013 land acquisition regime, section 96 barred income-tax on such awards except those covered by section 46, and CBDT Circular No. 36 of 2016 clarified that the exemption applies under the Income-tax Act even without a separate exempting provision. On unsold flats, the addition for deemed income from house property was deleted because the same issue had already been decided in the assessee's own case for an earlier year and no distinguishing feature was shown. Case-Laws Income Tax Wed, 12 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429041