10-mark question · Part C · Law of Taxation

A, while travelling in TSRTC bus, meets with an accident and is temporarily disabled. TSRTC pays an amount of Rs. 10,000 as compensation to him. State whether the amount is revenue receipt or capital receipt.

Frequency

1×

papers in the bank

Marks

10

common OU pattern

Years

2023

Appeared in

Law of Taxation · September/August 2023 Mapped paper Download

Mapped topics

Profits of business, capital gains and other sources — Unit II

Mapped case laws

Not mapped to a case yet.