Amount Received Under A Settlement Or Decree May Not Be Taxable Under IT Act 1961



In our experience while dealing with corporate clients in representing them in an action for damages, contractual claims etc. in arbitration proceedings or in court of law and in advising them afterwards, we have seen many companies having a question as to whether a receipt pursuant to settlement in
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About the Author

Dual Qualified Lawyer/ Solicitor, International Tax Affiliate, CIOT

Mr. Ravish Bhatt is an International Tax Affiliate with Chartered Institute of Taxation and also a dual qualified lawyer admitted to the roll of Bar Council of Gujarat and Solicitors Regulation Authority, England and Wales. He has experience of over 14 years in dealing with issues pertaining to Direct Taxes, Commercial ... Read more


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