What is the tax treatment of Compensation received from jatt andolan?
Shubham Solanki (student) (46 Points)
24 March 2017What is the tax treatment of Compensation received from jatt andolan?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160721 Points)
Replied 25 March 2017
May defer case to case, but usually such compensations awarded are of capital nature, and hence taxfree.
CAclubindia
