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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Income earned from non-Compete Agreement - nature of receipt of ...


Non-compete agreement income classified as commission under salary per Section 17 of the Income Tax Act.

December 6, 2012

Case Laws     Income Tax     HC

Income earned from non-Compete Agreement - nature of receipt of commission in addition to salary - the commission amount clearly was part of salary answering the description under the inclusive definition u/s 17 of the Act - HC

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