https://www.taxtmi.com/highlights?id=37113 Taxability of amount received - Relinquishment of right to sue is neither a capital asset nor taxable u/s 28 which provides specific types of receipt to be held taxable as business income. Relinquishment of right to sue does not find any mention therein. - HC en-us Fri, 08 Dec 2017 09:20:16 +0530 Fri, 08 Dec 2017 09:20:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37113 Taxability of amount received - Relinquishment of right to sue is neither a capital asset nor taxable u/s 28 which provides specific types of receipt to be held taxable as business income. Relinquishment of right to sue does not find any mention therein. - HC Highlights Income Tax Fri, 08 Dec 2017 09:20:16 +0530 https://www.taxtmi.com/highlights?id=37113