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

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5 Points Posted on 11 December 2019
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??
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On 11 December 2019 at 19:28 Report
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Articled assistant
663 Points Posted on 12 December 2019
Compensation by government are Exempted under income tax sec 10
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On 12 December 2019 at 14:11
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5 Points Posted on 12 December 2019
Not received from govt boss I specifically stated from the alleged person on the award by court...
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On 12 December 2019 at 20:02
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Articled assistant
663 Points Posted on 12 December 2019
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 .
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On 12 December 2019 at 20:06
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17264 Points Posted on 12 December 2019

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

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On 12 December 2019 at 20:08
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5 Points Posted on 13 December 2019
Need to think from every angle as the amount is huge , otherwise it can welcome anything
but anyways thanks for your advice..
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On 13 December 2019 at 14:02
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17264 Points Posted on 13 December 2019
Better you take help of paid tax consultant personally as amount you said is very high.
101 Reply
On 13 December 2019 at 17:50


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