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![S. 50C of Income Tax Act Not Applicable on Compulsory Acquisition of Land: Calcutta HC [Read Order] S. 50C of Income Tax Act Not Applicable on Compulsory Acquisition of Land: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/S.-50C-of-Income-Tax-Act-Compulsory-Acquisition-of-Land-Calcutta-HC-Taxscan.jpg)
S. 50C of Income Tax Act Not Applicable on Compulsory Acquisition of Land: Calcutta HC [Read Order]
In a significant case Calcutta high court held that section 50C of Income Tax Act 1961 was not applicable on compulsory acquisition of land. ...