Non-compete amount received - revenue v/s capital receipt - At ...

Case Laws Income Tax

June 8, 2016

Non-compete amount received - revenue v/s capital receipt - At any rate, with effect from 01.04.2003, by virtue of introduction of Section 28(va) to the Act, all monies received pursuant to a negative covenant become liable for the incidence of taxation, thus obliterating the distinction between the two that was available till then - HC

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Non-compete amount received - revenue v/s capital receipt - At ...

Case Laws Income Tax

June 8, 2016

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