CASE SETTLEMENT INCOME AND SHARE SALE VALUE

Hello Sir/Madam

Kindly advise me under which section of Income Tax does the CASE SETTLEMENT INCOME AND SHARE SALE VALUE need to be charged?
Thanks in advance.
Replies (2)
Quick Summary
This discussion seeks clarification on the specific sections of the Income Tax Act, 1961, under which income from case settlements and the value of share sales should be charged. It references sections like 112A and 245J, indicating a need to understand the tax implications for these financial events.

SETTLEMENT OF CASES - Income-tax Act, 1961

Section 112A and old provision Section 112A

Section 245J Recovery of sums due under order of settlement

Settlement of Tax Cases under Income Tax Act, 1961 | IndianTaxStudy.com

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details