Taxability of non compete fees

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..... Taxability of non compete fees
Query (Issue) Started By: - pankaj jhawar Dated:- 20-7-2009 Last Reply Date:- 21-7-2009 Income Tax
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Income Tax
How the non compete fees is taxabl .....

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..... e? wheher the same can be amortised. What are the relevant case law and section for the same. Reply By Rama Krishana: The Reply: Non-compete fee may be treated as capital receipt. But the situation .....

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..... and terms of the contract may determine the nature of income actually. You may refer decision of high court as cited : 2008 TMI - 30972 - MADHYA PRADESH HIGH COURT.
Discussion Forum - Knowledge Sh .....

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..... aring .....

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