TMI Blogcompensatin from employerX X X X Extracts X X X X X X X X Extracts X X X X ..... I am a senior citizen 70 years old and have been fighting case in court with my employer for wrongful termination from last 12 years.Recently settlement took place and the court awarded me compensat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion ( not salary ) . Kindly let me know whether the compensation is taxable or not. If yes according to IT laws it is revenue or capital receipt. Your reply will be highly appreciated as am in great ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... need. - compensatin from employer - Query Started By: - varinder singh Dated:- 26-5-2015 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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