ITAT Confirms 25% Deduction in DLC Rate on Account of Passing of IOCL Pipeline in Middle Part of Land [Read Order]

ITAT Confirms 25% Deduction in DLC Rate - ITAT - Deduction in DLC Rate - DLC Rate - Passing of IOCL Pipeline in Middle Part of Land - IOCL Pipeline - Taxscan

The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT), confirmed 25% deduction in District Level Committee (DLC) rate on account of passing of the Indian Oil Corporation Limited (IOCL) pipeline in the middle part of the land. The appeal, Ajay Kumar Jain, was filed by the assessee and is arising out of the order…

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