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![Piramal Enterprises Faces Setback: ITAT rules Rs. 92.7 Cr Compensation from termination as Business Income, Not Capital Gain [Read Order] Piramal Enterprises Faces Setback: ITAT rules Rs. 92.7 Cr Compensation from termination as Business Income, Not Capital Gain [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Piramal-Enterprises-Faces-ITAT-Compensation-termination-Business-Income-Capital-Gain-taxscan.jpg)
Piramal Enterprises Faces Setback: ITAT rules Rs. 92.7 Cr Compensation from termination as 'Business Income', Not 'Capital Gain' [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT ) has concluded that Piramal Enterprises suffered a setback by categorizing the...