Tag Archives: Capital Receipt

Compensation for loss of source of Income is Capital Receipt

By | January 29, 2016

Held It was further observed in Khanna & Annadhanam (supra) as under: “The arrangement with DHS was in vogue for a fairly long period of time (13 years) and had acquired a kind of permanency as a source of income. When that source was unexpectedly terminated, it amounted to the impairment of the profit-making structure… Read More »