https://www.taxtmi.com/caselaws?id=460795 Compensation and interest received on compulsory acquisition of land were treated as exempt from income-tax under section 96 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, as clarified by CBDT Circular No. 36/2016. The exemption was applied notwithstanding that the assessee did not claim relief under section 10(37) of the Income-tax Act, because the special statute grants a wider exclusion for awards under the land acquisition law. Salary expenditure was allowed on the basis of bank transfers, ledger accounts and books, and donation expenditure was also sustained where the material supported the claim, including appellate consideration of deduction under section 80G(5). en-us Mon, 20 Feb 2023 00:00:00 +0530 Thu, 20 Feb 2025 18:59:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460795 Compensation and interest received on compulsory acquisition of land were treated as exempt from income-tax under section 96 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, as clarified by CBDT Circular No. 36/2016. The exemption was applied notwithstanding that the assessee did not claim relief under section 10(37) of the Income-tax Act, because the special statute grants a wider exclusion for awards under the land acquisition law. Salary expenditure was allowed on the basis of bank transfers, ledger accounts and books, and donation expenditure was also sustained where the material supported the claim, including appellate consideration of deduction under section 80G(5). Case-Laws Income Tax Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460795