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of <h1>Delhi High Court rules compensation not taxable when credited to cooperative society. Agreement enforced.</h1> The High Court of Delhi dismissed the petition regarding the taxability of compensation received by the assessee. The court found that the compensation ... Question Of Law The High Court of Delhi dismissed the petition regarding the taxability of compensation received by the assessee. The court found that the compensation amount was not taxable as it was credited to a cooperative society and not retained by the assessee. The court stated that the agreement between the parties was given effect to, leading to the dismissal of the petition.
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