capital receipt

  • Income Tax

Assessee may show that it was over assessed under erroneous impression of law

It is open to assessee to show that it was over assessed under erroneous impression of law even if it…

1 week ago
  • Income Tax

Compensation received for vacating flat possession not taxable being a capital receipt

Compensation received for vacating flat possession not taxable it is neither chargeable under the head ‘capital gains’ nor as income…

4 weeks ago
  • Income Tax

Compensation received from builder for failure to give possession of flat held not taxable

Compensation received from builder under settlement for failure to give possession of flat within stipulated time held not capital receipts…

5 years ago