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Compensation received by ‘Jackie Shroff’ for withdrawing criminal case was capital receipt; not taxable

August 20, 2018[2018] 97 277 (Mumbai - Trib.)/[2018] 172 ITD 425 (Mumbai - Trib.)/[2018] 194 TTJ 760 (Mumbai - Trib.)

IT : Amount received by assessee as compensation for withdrawing a criminal case against accused who forged his signature for sale of shares, was to be regarded as capital receipt

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