Receipt on compulsory acquisition of land exempt from tax when shown as agricultural land in Pattada

IT: Where assessee received amount of compensation from Central Government on acquisition of its land, in view of fact that said land was shown as agricultural land in Pattadar's pass book and, moreover, agricultural income had been declared from said land in immediately two preceding years, amount of capital gain, if any, received by assessee on acquisition of said land was exempt from tax under section 10(37)