Live Breaking News & Updates on Rathi menon

Stay informed with the latest breaking news from Rathi menon on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Rathi menon and stay connected to the pulse of your community

Railway Claims Tribunal Unjustified In Withholding Interest On Compensation From Date Of Accident Till Delay Condonation: Jharkhand High Court

The Jharkhand High Court recently observed that the Railway Claims Tribunal erred in withholding interest on compensation payable to a bereaved family, for the period between the date of accident and...

Krishna-mohan-murari , Sankh-nath-dubey , Awanish-ranjan-mishra , Ganesh-ram , Rathi-menonv-union-of-india , Apex-court , Railway-claims-tribunal , Union-of-indiav-rina-devi , Supreme-court , Railway-claims-tribunal-act , Rathi-menon , Rina-devi

Is compensation received for land acquired by govt. taxable?

TDS deducted by your client is different from your tax liability.
Q. Our land was acquired by a central government agency in the year 1962 (actually 1954). The agency paid a small amount after so many years of legal battle. After accepting the amount amid protest, we filed a case again and a lower court gave its verdict. After that, the government agency went to the high court questioning the verdict and the court asked the government to deposit 50% of the amount in the court. Meanwhile, on account of COVID-19, the hearing is in a standstill. My question is whether the amount received as compensation is taxable? For, we have not sold the land. The amount received includes the market price, penalty for not paying in time, and solatium.

Sukanya-samriddhi-yojana , Rathi-menon , Deepak-chhetri , Ravindra-kumar , Roy-george , Income-tax-act , Capital-gains-tax , Fair-compensation , Land-acquisition , Resettlement-act , Stamp-duty