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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Capital or Revenue income - Damages received on termination of ...

Case Laws     Income Tax

September 17, 2013

Capital or Revenue income - Damages received on termination of rental agreement - the exiting tenant was not in a position to use the said property and even the assessee was not in the position to find out any other tenant - The said amount thus was received by the assessee on revenue account - AT

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