https://www.taxtmi.com/caselaws?id=364903 The Tribunal upheld the findings of the Assessing Officer and Commissioner of Income Tax (Appeals) that the Rs. 40 crore compensation received by the assessee for discontinuing its commodity trading business was taxable under Section 28(va) of the Income Tax Act. The Tribunal dismissed the appeal filed by the assessee. en-us Fri, 03 Aug 2018 00:00:00 +0530 Tue, 16 Oct 2018 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364903 The Tribunal upheld the findings of the Assessing Officer and Commissioner of Income Tax (Appeals) that the Rs. 40 crore compensation received by the assessee for discontinuing its commodity trading business was taxable under Section 28(va) of the Income Tax Act. The Tribunal dismissed the appeal filed by the assessee. Case-Laws Income Tax Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364903