Receipt of Compensation - termination of rights - Capital or ...

Case Laws Income Tax

September 8, 2012

Receipt of Compensation - termination of rights - Capital or revenue - any compensation received for the loss of agency is a revenue receipt, whereas compensation which is attributable to restrictive covenants is a capital receipt - AT

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Receipt of Compensation - termination of rights - Capital or ...

Case Laws Income Tax

September 8, 2012

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