Non-compete fees receipt - taxability under Section 17(3)(iii) ...

Case Laws Income Tax

July 23, 2016

Non-compete fees receipt - taxability under Section 17(3)(iii) or 28(va) as salary income or business income or not - profit in lieu of salary - assessee is an individual and was Financial Director - it cannot be inferred that the said agreement in any way intended to compensate the assessee for loss of employment or in lieu of salary - amount is not taxable - AT

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Non-compete fees receipt - taxability under Section 17(3)(iii) ...

Case Laws Income Tax

July 23, 2016

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