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Income Tax | ₹35 Crore Compensation for Surrender of Right to Sue Not Taxable: ITAT Mumbai

12 Oct 2026 · 1d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT holds ₹35 crore received by Shelter Developers for surrendering the right to sue is a non-taxable capital receipt; Revenue's appeal dismissed. The post ₹35 Crore Compensation for Surrender of Right to Sue Not Taxable: ITAT Mumbai appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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