Characterization of receipts - nature of receipts - compensation ...

Case Laws Income Tax

April 9, 2022

Characterization of receipts - nature of receipts - compensation received as consideration for restrictive covenant to not to do business in the same line for a prescribed period - The amount being in nature of a “capital receipt” was not exigible to tax. - AT

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Characterization of receipts - nature of receipts - compensation ...

Case Laws Income Tax

April 9, 2022

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