TMI BlogHigh Court Clarifies Taxability of Insurance Compensation for Windmill Destruction u/s 50, Corrects Tribunal's Error.Taxability of compensation received appellant from the Insurance Company on account of destruction of Wind Mill u/s 50 – Tribunal committed an error in applying provisions of section 41(2) - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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