Amendment of section 28. - any sum received or receivable, in ...
Section 28 Amended: Payments for Non-Compete Agreements Now Taxable as Business or Professional Income.
February 29, 2016
Act Rules Bill
Amendment of section 28. - any sum received or receivable, in cash or kind, under an agreement, for not carrying out any activity in relation to any profession, shall also be income chargeable to income-tax under the head “Profits and gains of business or profession”
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