Damage On Account Of Right To Sue Is A Capital Receipt Not Chargeable To Tax: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the damage on account of the right to sue is a capital receipt not chargeable to tax.The bench of Amit Shukla (Judicial...
Aadi Properties Bombay High Court Mumbai Bench Income Tax Appellate Tribunal Amit Shukla Judicial Member
Source: livelaw.in