TMI BlogNature of receipt - the compensation received by the appellant is purely for non fulfillment of...Nature of receipt - the compensation received by the appellant is purely for non fulfillment of contractual obligations with regard to purchase of built up area in “Mantri Chambers - AO has correctly treated the receipts as revenue receipt and has in no way treated the same as income on account of capital gains - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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