https://www.taxtmi.com/highlights?id=67739 Benefit of exemption claimed u/s 10(37) - compulsory acquisition of agricultural land - Since the land of the assessee is situated in the municipality as per the certificate and population is more than 10,000, then it is not an agricultural land referred to in Section 10(37) of the Act for the simple reason that it is situated in a municipality/cantonment where it is not considered as agricultural land as per provisions of section 2(14) (iiia) of the Act. - AT en-us Mon, 16 Jan 2023 08:42:35 +0530 Mon, 16 Jan 2023 08:42:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67739 Benefit of exemption claimed u/s 10(37) - compulsory acquisition of agricultural land - Since the land of the assessee is situated in the municipality as per the certificate and population is more than 10,000, then it is not an agricultural land referred to in Section 10(37) of the Act for the simple reason that it is situated in a municipality/cantonment where it is not considered as agricultural land as per provisions of section 2(14) (iiia) of the Act. - AT Highlights Income Tax Mon, 16 Jan 2023 08:42:35 +0530 https://www.taxtmi.com/highlights?id=67739