https://www.taxtmi.com/highlights?id=25106 Taxing the compensation received - whether be taxed as Capital Receipt? - the fact that the land has remained with the assessee and that the assessee in future may earn profits from the said land cannot be a ground to hold that the compensation received by the assessee in lieu of damage caused to the land was revenue receipt. - AT en-us Mon, 05 Oct 2015 06:38:47 +0530 Mon, 05 Oct 2015 06:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=25106 Taxing the compensation received - whether be taxed as Capital Receipt? - the fact that the land has remained with the assessee and that the assessee in future may earn profits from the said land cannot be a ground to hold that the compensation received by the assessee in lieu of damage caused to the land was revenue receipt. - AT Highlights Income Tax Mon, 05 Oct 2015 06:38:47 +0530 https://www.taxtmi.com/highlights?id=25106