Taxation of corpus fund
This query is : Resolved
10 June 2015
I want to know whether the corpus amount received by a flat ownner against a flat under redevelopment is taxable in the hands of the recipient.
17 June 2015
you may refer to this article which comprehensively covers your issue: https://www.chsguru.com/2011/12/taxability-of-corpus-received-from.html
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