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Income Tax - Highlights / Catch Notes

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Nature of receipt of Damage for unauthorised occupation of ...


Court to Decide Tax Classification for Damages from Unauthorized Property Occupation: Income from House or Other Sources?

October 21, 2019

Case Laws     Income Tax     AT

Nature of receipt of Damage for unauthorised occupation of property - income from house property or income from other sources - both the lower authorities have erred in treating the assessee’s damages amount as chargeable to tax.

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