Avoid taxing hardship compensation twice

I had written in my column dated August 30, 2020, about how the newly introduced Taxpayers’ Charter is likely to be more effective as it is now a part of the main Income-Tax Act itself and carries the sanction of Parliament. Here, I am outlining a very fit case of double taxation of Hardship Compensation received on redevelopment, which deserves to be taken up for resolution under the Taxpayers’ Charter.