https://www.taxtmi.com/highlights?id=28993 Amount received covered u/s 10(3) - Revenue has been unable to make out a case for treating the said receipt as of a casual and non-recurring nature that could be brought to tax u/s 10(3) r.w.s 56 - Having held that it could not be in the nature of capital gain it was not open to the Revenue to seek to bring it to a tax under the revenue receipt - HC en-us Wed, 04 May 2016 09:15:42 +0530 Tue, 03 May 2016 23:34:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28993 Amount received covered u/s 10(3) - Revenue has been unable to make out a case for treating the said receipt as of a casual and non-recurring nature that could be brought to tax u/s 10(3) r.w.s 56 - Having held that it could not be in the nature of capital gain it was not open to the Revenue to seek to bring it to a tax under the revenue receipt - HC Highlights Income Tax Wed, 04 May 2016 09:15:42 +0530 https://www.taxtmi.com/highlights?id=28993