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![No Tax on Compensation received for loss of Trees: ITAT [Read Order] No Tax on Compensation received for loss of Trees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/tree-Tax-Compensation-loss-of-Trees-ITAT-Taxscan.jpeg)
No Tax on Compensation received for loss of Trees: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that no Tax is applicable on Compensation received for loss of Trees. The assessee,...