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Capital gains

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(Querist)
13 June 2015 Compensation received from new tenant for tenancy rights transferred in his name. Whether this will be treated as capital gains OR income from other sources?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 June 2015 It will be treated as capital gain.
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CA. Sunil Gokhale

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CA. Sunil Gokhale (Expert)
14 June 2015 Tenancy right is an asset hence capital gain.




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