Nature of receipt - sale of business - true consideration for ...

Receipts from Business Sale in USD, Including Non-Compete Agreement, Are Taxable for Assessee.

March 26, 2019

Case Laws Income Tax AT

Nature of receipt - sale of business - true consideration for the payment of US dollars to company - scope of “coining of the concept” - arrangement of non compete Agreement - There is no escape from the taxation of these receipts in the hands of the assessee.

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Nature of receipt - sale of business - true consideration for ...

Receipts from Business Sale in USD, Including Non-Compete Agreement, Are Taxable for Assessee.

March 26, 2019

Case Laws Income Tax AT

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