Begin typing your search above and press return to search.
![ITAT Delhi exempts Income Tax liability of Compensation recieved via award on breach of contract [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Income-Tax.jpg "ITAT Delhi exempts Income Tax liability of Compensation recieved via award on breach of contract [Read Order]")
ITAT Delhi exempts Income Tax liability of Compensation recieved via award on breach of contract [Read Order]
Compensation received through award on breach of the contract is a ‘capital receipt’, says ITAT. The delhi bench of the Income Tax Appellate...