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![Compensation received by Parle for Settlement for Loss of its Bottling Rights with Coca Cola is not Taxable: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/11/PARLE-Taxscan.jpg "Compensation received by Parle for Settlement for Loss of its Bottling Rights with Coca Cola is not Taxable: Bombay HC [Read Judgment]")
Compensation received by Parle for Settlement for Loss of its Bottling Rights with Coca Cola is not Taxable: Bombay HC [Read Judgment]
The Bombay High Court in its recent judgment held that income tax cannot be levied on compensation received by Parle for settlement for loss of its...