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Settlement money received

This query is : Resolved 

04 December 2019 Dear Sir/ Mam, A person is a Non resident and owns a residential plot in India. After some years he come to know Builders of area where plot situated by mistake constructs a house on it and he has received Settlement money.whether such settlement money is liable to tax or not....

04 December 2019 Yes it's liable for capital gains tax.


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