Home List Manuals Income TaxDefinition / Legal TerminologyDefinitions This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Capital Sum - Definition / Legal Terminology - Income TaxExtract As per section 93(4)(d) of the Income tax Act 1961, Capital Sum means- (i) any sum paid or payable by way of a loan or repayment of a loan ; and (ii) any other sum paid or payable otherwise than as income, being a sum which is not paid or payable for full consideration in money or money's worth.
|