Compensation received on losing its right to receive income in ...

Compensation for Lost Income Source from Bank Services Deemed Capital in Nature, Not Taxable Income.

February 17, 2014

Case Laws Income Tax AT

Compensation received on losing its right to receive income in respect of services being rendered by the assessee to the Bank is a loss of source of income - held as capital in nature - AT

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Compensation received on losing its right to receive income in ...

Compensation for Lost Income Source from Bank Services Deemed Capital in Nature, Not Taxable Income.

February 17, 2014

Case Laws Income Tax AT

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