TMI BlogCompensation received for foregoing the rights to sue against purchase of property - revenue or capital...Compensation received for foregoing the rights to sue against purchase of property - revenue or capital receipt - Once the compensation is held to be is only on account of foregoing right to sue, which is a right in personam the same cannot be brought to tax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|