https://www.taxtmi.com/caselaws?id=202687 Insurance indemnity for loss of stock-in-trade is not an independent receipt akin to brokerage, commission, interest, rent or charges, so it is not subject to 90% exclusion under Explanation (baa) to Section 80HHC. Sundry receipts could not be finally assessed on the existing record because the Tribunal had made no factual finding on their nature, and the matter required fresh examination. Rental income from sub-leasing was treated as income from house property on the facts accepted below. Retrenchment compensation paid on closure of one unit was allowable as revenue expenditure because the business as a whole continued and the payment was incurred in the course of ongoing operations. en-us Fri, 18 Jun 2010 00:00:00 +0530 Wed, 19 Nov 2025 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202687 Insurance indemnity for loss of stock-in-trade is not an independent receipt akin to brokerage, commission, interest, rent or charges, so it is not subject to 90% exclusion under Explanation (baa) to Section 80HHC. Sundry receipts could not be finally assessed on the existing record because the Tribunal had made no factual finding on their nature, and the matter required fresh examination. Rental income from sub-leasing was treated as income from house property on the facts accepted below. Retrenchment compensation paid on closure of one unit was allowable as revenue expenditure because the business as a whole continued and the payment was incurred in the course of ongoing operations. Case-Laws Income Tax Fri, 18 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202687