Compensation amount for property acquired for bullet train project not taxable: Bombay High Court

The court in its order noted that the petitioner's land was acquired for a public project and that acquisition of property through private negotiations and purchases was permitted to expedite the process for implementation of a public project.

Compensation amount for property acquired for bullet train project not taxable: Bombay High Court
The court in its order noted that the petitioner's land was acquired for a public project and that acquisition of property through private negotiations and purchases was permitted to expedite the process for implementation of a public project.