TAXABILITY OF COMPENSATION RECEIVED ON SALE OF FATHER'S PROPERTY

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..... Mr. A had sold a property to Mr. X. Later daughter of Mr. A files a case on Mr. X that even she was entitled for a share in father's property. Then Mr. X pays certain amount to daughter of Mr.A t .....

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..... o take back the case ( off the court settlement ). ( Note : daughter is not party in the sale deed ) what will be the tax treatment for the amount received by daughter of Mr. A. Whether it is taxable .....

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..... under the capital gain or income from other sources ? - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = In my opinion it is income from other sources. - TAXABILITY OF COMPENSATION RECEIVED ON SAL .....

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..... E OF FATHER'S PROPERTY - Query Started By: - MVK TAXAUDIT Dated:- 25-2-2020 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinio .....

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..... n Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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