Treatment of compensation received – The amount was received ...

Compensation for Relinquishing Property Rights Considered Non-Taxable as Loss of Income Source Under Tax Law.

September 12, 2014

Case Laws Income Tax AT

Treatment of compensation received – The amount was received because the assessee had given up its right to purchase and/or to operate the property - it is loss of source of income to the assessee - not taxable - AT

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Treatment of compensation received – The amount was received ...

Compensation for Relinquishing Property Rights Considered Non-Taxable as Loss of Income Source Under Tax Law.

September 12, 2014

Case Laws Income Tax AT

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