Taxation on amount received on family settlement - accrual of ...

Income Tax

October 26, 2015

Taxation on amount received on family settlement - accrual of income - entire property was in existence at the time of partition in which concerned family members were having their interest/shares, therefore, it was clearly a family settlement. Therefore, the family arrangement is not taxable - AT

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Taxation on amount received on family settlement - accrual of ...

Income Tax

October 26, 2015

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