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A show cause notice has been issued to Shobha Ramesh Motdhare regarding proposed variations in the income tax assessment for the year 2024-25, specifically concerning the claimed exemption of Rs.60,12,030 under section 10(37) for compulsory land acquisition. The notice indicates that the actual amount received was Rs.78,13,634, which is deemed taxable as the land was used for non-agricultural purposes. The assessee is requested to respond to the notice by December 12, 2025, either accepting the proposed var
- Author
- vedanttidke085
- Language
- EN