Assessee is partnership engaged in the business of constructions. Assessee is owner of land, which is acquired under Compensation under Right to fair, compensation and transparency in Land acquisition, rehabilitation and resettlement Act 2013. Assessee firm has Received compensation under this act amounting to Rs 100 Crores.<\/p>\n
Whether this amount is taxable under Income Tax in the hands of Firm.<\/p>\n
Pl guide.<\/p>\n
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