https://www.taxtmi.com/caselaws?id=771269 Compensation, including solatium, received for compulsory acquisition of land under the National Highways Act was treated as exempt from income tax because section 96 of the RFCTLARR Act, 2013 and CBDT Circular No. 36/2016 were held applicable on the facts. The award was made on 07.11.2014, but payment was actually received on 18.05.2015, and the matter was treated as covered by an earlier coordinate bench decision on identical facts. The resulting tax addition was deleted. en-us Wed, 09 Oct 2024 00:00:00 +0530 Fri, 23 May 2025 08:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771269 Compensation, including solatium, received for compulsory acquisition of land under the National Highways Act was treated as exempt from income tax because section 96 of the RFCTLARR Act, 2013 and CBDT Circular No. 36/2016 were held applicable on the facts. The award was made on 07.11.2014, but payment was actually received on 18.05.2015, and the matter was treated as covered by an earlier coordinate bench decision on identical facts. The resulting tax addition was deleted. Case-Laws Income Tax Wed, 09 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771269