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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Non-compete fee as salary income – the mere fact that two ...


Non-compete fees may count as salary income, even with separate agreements, if the work benefits the employer.

June 7, 2014

Case Laws     Income Tax     AT

Non-compete fee as salary income – the mere fact that two agreements existed does not necessarily imply that the payment made under one agreement is not to be regarded as part of salary, when all the work done under the agreement was performed by the employee for the benefit of the employer - AT

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