https://www.taxtmi.com/highlights?id=48673 Taxability of compensation for giving-up of the litigation for land - right to sue - there could not be any transfer of a "right to sue" under Indian Law and any capital receipt arising from a right to sue cannot thus be considered capital gains u/s 45 and the cost of the said right being indeterminable - capital receipt not being part of sales consideration en-us Sat, 17 Aug 2019 07:51:08 +0530 Fri, 16 Aug 2019 18:49:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48673 Taxability of compensation for giving-up of the litigation for land - right to sue - there could not be any transfer of a "right to sue" under Indian Law and any capital receipt arising from a right to sue cannot thus be considered capital gains u/s 45 and the cost of the said right being indeterminable - capital receipt not being part of sales consideration Highlights Income Tax Sat, 17 Aug 2019 07:51:08 +0530 https://www.taxtmi.com/highlights?id=48673