https://www.taxtmi.com/caselaws?id=780507 The ITAT (DELHI - AT) held that amounts received under a final settlement/arbitral award in consideration for relinquishing the right to sue are capital receipts and not taxable as salary, business income, short-term or long-term capital gains. The Tribunal, relying on HC authority, found the CIT(A) erred in treating the payment as taxable income and set aside the CIT(A) order, allowing the additional ground of appeal. en-us Tue, 28 Oct 2025 00:00:00 +0530 Fri, 31 Oct 2025 08:23:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780507 The ITAT (DELHI - AT) held that amounts received under a final settlement/arbitral award in consideration for relinquishing the right to sue are capital receipts and not taxable as salary, business income, short-term or long-term capital gains. The Tribunal, relying on HC authority, found the CIT(A) erred in treating the payment as taxable income and set aside the CIT(A) order, allowing the additional ground of appeal. Case-Laws Income Tax Tue, 28 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780507