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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Nature of amount received in pursuance of Consent decree by HC – ...


High Court Consent Decree Amount Rightly Classified as Income u/s 28(iv) of Income Tax Act.

August 21, 2014

Case Laws     Income Tax     HC

Nature of amount received in pursuance of Consent decree by HC – Authorities below rightly treated this sum as a receipt falling under Section 28(iv) of the I. T. Act - HC

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