Nature of non-compete fee capital or not – the commercial right ...

Non-compete fee is a capital expenditure, classified as 'intangible asset,' eligible for depreciation under tax laws.

September 23, 2014

Case Laws Income Tax HC

Nature of non-compete fee capital or not – the commercial right thus acquired by the assessee unambiguously falls in the category of an 'intangible asset' - eligible for depreciation - HC

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Nature of non-compete fee capital or not – the commercial right ...

Non-compete fee is a capital expenditure, classified as 'intangible asset,' eligible for depreciation under tax laws.

September 23, 2014

Case Laws Income Tax HC

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