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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Nature of payment of compensation in lieu of the non-compete ...

Case Laws     Income Tax

August 21, 2017

Nature of payment of compensation in lieu of the non-compete agreement after retirement - whether non taxable in the hands of the assessee being a capital receipt - Non-Competition Agreement is genuine and the payment made thereunder is indeed a non-compete fee. - HC

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