Compensatory sum received in terms of settlement agreement for ...

Settlement Payment for Not Using "Longman" Deemed Capital Receipt, Not Taxable u/s 28(va)(b) as Business Income.

July 8, 2016

Case Laws Income Tax AT

Compensatory sum received in terms of settlement agreement for not using the word ‘Longman’ in the name or trade mark of the assessee - business income or a capital receipt not liable to tax - The consideration is not falling u/s 28(va)(b) - not taxable - AT

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Compensatory sum received in terms of settlement agreement for ...

Settlement Payment for Not Using "Longman" Deemed Capital Receipt, Not Taxable u/s 28(va)(b) as Business Income.

July 8, 2016

Case Laws Income Tax AT

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