Capital gains OR HARDSHIP COmpensation
This query is : Resolved
Quick Summary
08 June 2024
Builder wants to pay delay in payment, interest in form of hardship compensation. so what is the tax treatment on this?
08 June 2024
Interest on late payment is taxable u/h. IFOS.
09 June 2024
what about hardship compensation? is it taxable?
09 June 2024
Depends upon the exact hardship loss.... Just term used like hardship do not make it exempt.
31 August 2024
Good luck.
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