TMI BlogTaxability of amount received for giving up his rights over properties - family settlement - sum...Taxability of amount received for giving up his rights over properties - family settlement - sum received by assessee is traceable to the realisation of rights as legal heir of intestate succession and not to any sale, relinquishment or extinguishment of right to property. - Amount not taxable - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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