Compensation to rape victims on order of court is taxable or exempt?

I wish to know the taxability of compensation received by a victim of rape from the alleged person on the order of court what would be the treatment of it in income tax law??
Replies (6)
Compensation by government are Exempted under income tax sec 10
Not received from govt boss I specifically stated from the alleged person on the award by court...
It is not an income bro.Its a capital receipts so dont think much abt it's taxation .If the capital receipts which are specifically included in income definition then only it is liable for taxed .so it is not taxable in the first instance .

Compensation is not taxable. It's a capital receipt. 

Need to think from every angle as the amount is huge , otherwise it can welcome anything
but anyways thanks for your advice..
Better you take help of paid tax consultant personally as amount you said is very high.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details