Capital Reciept
Lokesh Agrawal (10 Points)
26 January 2020
is capital Reciept under PGBP is taxable.? if not then why?
3 Replies
Ashiwini Ballodia
(Managing Partner at TAXounting)
(8737 Points)
Replied 26 January 2020
Capital receipts are exempt from taxation unless there is a specific provision to tax it
Kapadia Pravin
(17259 Points)
Replied 26 January 2020
Be specific
which capital receipt you are particularly referring to ?
which capital receipt you are particularly referring to ?
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