Poonawalla fincorp
Poonawalla fincorp

Compensation on Divore Settlement Taxable?

This query is : Resolved 

04 January 2009 Whether Compensation awarded by courts in case Divore Settlement is Taxable in the hands of the receiver under Income Tax?

06 February 2009 no

27 February 2009 Dear Sanjeev, request you to please explain your reply with relevant povisions & case-laws.




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