taxable income
Sanjeev (Asst.AccountsManager) (87 Points)
20 February 2019
if we received money approx 10 lac after winning the case from a company is this taxable income
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 21 February 2019
Generally yes being revenue receipt. But in case of any reimbursement against any capital loss, it would be exempt.
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