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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Compensation received cannot be treated as consideration because ...

March 25, 2014

Case Laws     Income Tax     AT

Compensation received cannot be treated as consideration because 'right to sue' is not a property under section 6(e) of the Property Act and thus did not become a capital asset u/s 2(14) - AT

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