Taxability of Non-Compete fees – post amendment in Sec. 28 with ...
Case Laws Income Tax
November 4, 2013
Taxability of Non-Compete fees – post amendment in Sec. 28 with the insertion of Clause (va) to section 28, the Non compete fee of Rs. 5 crores received by the assessee is liable to be taxed under the head profits and gains of business or profession - AT
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