Compensation received on termination of contract - income u/s ...

Contract Termination Compensation Considered Income u/s 28(ii)(c); Entire Agreement Must Be Examined for True Nature.

March 22, 2019

Case Laws Income Tax HC

Compensation received on termination of contract - income u/s 28(ii)(c) - The true character of the relationship from the agreement would have to be gathered from reading the document as a whole - capital receipt in nature.

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Compensation received on termination of contract - income u/s ...

Contract Termination Compensation Considered Income u/s 28(ii)(c); Entire Agreement Must Be Examined for True Nature.

March 22, 2019

Case Laws Income Tax HC

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