Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2007 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2007 (6) TMI 272 - AT - Income TaxExtract: ....... opinion that the sum of Rs. 3,44,92,800 received by the assessee in this case pursuant to a restrictive covenant amounts to non-compete fee which was not taxable for the relevant assessment year. Hence, we set aside the order of authorities below and decide the issue in favour of assessee. 17. In the result, this appeal by the assessee is allowed.
|