Receipt of non-competitive fee - non-compete fee payable under ...

Non-compete Fee Under Deed of Covenant Classified as Non-taxable Capital Receipt for Pre-2003 Business Source Loss.

July 23, 2020

Case Laws Income Tax SC

Receipt of non-competitive fee - non-compete fee payable under the Deed of Covenant - capital receipt or revenue receipt - the matter was pertaining to the period which is much before 2003 - the agreement entered was led to loss of source of business - Not taxable as capital receipt - SC

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Receipt of non-competitive fee - non-compete fee payable under ...

Non-compete Fee Under Deed of Covenant Classified as Non-taxable Capital Receipt for Pre-2003 Business Source Loss.

July 23, 2020

Case Laws Income Tax SC

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