https://www.taxtmi.com/manuals?id=3927 Revenue receipt denotes recurring receipts arising in the ordinary course, such as salary, business profits and interest, whereas capital receipt denotes isolated non-recurring receipts from transactions affecting capital resources, for example sale of a residential building or personal jewellery; the key tax classification turns on recurrence and relation to ordinary earnings versus capital transactions. en-us Thu, 21 Dec 2023 14:30:00 +0530 Wed, 27 Dec 2023 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3927 Revenue receipt denotes recurring receipts arising in the ordinary course, such as salary, business profits and interest, whereas capital receipt denotes isolated non-recurring receipts from transactions affecting capital resources, for example sale of a residential building or personal jewellery; the key tax classification turns on recurrence and relation to ordinary earnings versus capital transactions. Manuals Income Tax Thu, 21 Dec 2023 14:30:00 +0530 https://www.taxtmi.com/manuals?id=3927