The receipt in the case of the Assessee is not attributable to ...
Receipt Not Linked to Asset Transfer or Non-Compete Covenant; Not Classified as Business or Casual Income.
August 10, 2015
Case Laws Income Tax AT
The receipt in the case of the Assessee is not attributable to transfer of any asset or right and the mere fact that the receipt is not attributable to non-compete covenant it cannot be automatically concluded that the receipt was either from business or income of a casual or recurring nature - AT
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