Income Tax | ₹55.75 Crore Received for Surrendering Litigative Rights Is Capital Receipt: ITAT Mumbai
ITAT Mumbai deletes ₹55.75 crore addition, holding consideration for surrender of capital or litigative rights was a capital receipt. The post ₹55.75 Crore Received for Surrendering Litigative Rights Is Capital Receipt: 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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