Right to Sue Not Property: Compensation Not Considered as Capital Asset under Property Act Sec 6(e) & Income Tax Act Sec 2(14. https://www.taxtmi.com/highlights?id=17858 Compensation received cannot be treated as consideration because 'right to sue' is not a property under section 6(e) of the Property Act and thus did not become a capital asset u/s 2(14) - AT en-us Tue, 25 Mar 2014 15:04:31 +0530 Tue, 25 Mar 2014 15:04:31 +0530 TaxTMI RSS Generator Right to Sue Not Property: Compensation Not Considered as Capital Asset under Property Act Sec 6(e) & Income Tax Act Sec 2(14. https://www.taxtmi.com/highlights?id=17858 Compensation received cannot be treated as consideration because 'right to sue' is not a property under section 6(e) of the Property Act and thus did not become a capital asset u/s 2(14) - AT Highlights Income Tax Tue, 25 Mar 2014 15:04:31 +0530 https://www.taxtmi.com/highlights?id=17858