https://www.taxtmi.com/caselaws?id=783265 Compensation received for compulsory acquisition of agricultural land for a national highway project was treated as eligible for exemption in principle, because CBDT guidance states that compensation exempt under section 96 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 is not taxable under the Income-tax Act. The exemption claim, however, required factual verification, as the record showed that the Assessing Officer had not examined the relevant documents and facts. The matter was therefore remanded for assessment-stage scrutiny of the exemption claim. en-us Tue, 09 Dec 2025 00:00:00 +0530 Fri, 12 Dec 2025 08:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783265 Compensation received for compulsory acquisition of agricultural land for a national highway project was treated as eligible for exemption in principle, because CBDT guidance states that compensation exempt under section 96 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 is not taxable under the Income-tax Act. The exemption claim, however, required factual verification, as the record showed that the Assessing Officer had not examined the relevant documents and facts. The matter was therefore remanded for assessment-stage scrutiny of the exemption claim. Case-Laws Income Tax Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783265