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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Nature of receipt - payment of damages for breach of contract - ...

Income Tax

April 17, 2018

Nature of receipt - payment of damages for breach of contract - compensation from Debt Recovery Tribunal (DRT) on sum paid in auction for purchase of property, which after issue of sale certificate was cancelled - held as capital receipt - AT

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