Consideration for Not to compete and non solicitation - Capital ...

Section 28(va) of Income Tax Act: Non-compete and non-solicitation payments classified as capital receipts, not revenue.

April 16, 2015

Case Laws Income Tax HC

Consideration for Not to compete and non solicitation - Capital receipt or Revenue receipt - the amount receive is covered by the provisions of Section 28(va) of the Act. - HC

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Consideration for Not to compete and non solicitation - Capital ...

Section 28(va) of Income Tax Act: Non-compete and non-solicitation payments classified as capital receipts, not revenue.

April 16, 2015

Case Laws Income Tax HC

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