Under Section 73 of the Indian Contract Act, when a contract has been broken, the party suffering the breach is entitled to receive compensation for: 

Section 73 provides that when a contract has been broken, the party who suffers is entitled to receive compensation for any loss or damage caused to him thereby, which naturally arose in the usual course of things from such breach, or which the parties knew, when they made the contract, to be likely to result from the breach of it. This provision incorporates the rule in Hadley v. Baxendale (1854), distinguishing between losses arising naturally (first limb) and losses within the contemplation of the parties (second limb). Remote and indirect losses that do not fall within either category are excluded. Compensation is not confined to liquidated damages under this section.