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The last step in filing your income tax return (ITR) is to verify it. If you do not verify your tax return, then it will not be considered valid according to income tax laws. Once you have uploaded your ITR on the e-filing website, you…
In this post we will discuss the Taxablity of Cash Compensation Received On Redevelopment. In the matter of Jitendra Kumar Soneja vs. ITO, [2016]161ITD269(Mum) the Income Tax Appellate Tribunal ("ITAT"), Mumbai, dealt with the issue of the tax treatment of any cash compensation received by an…