Non-compete fee paid to Sri.U.Mohan Rao - revenue expenditure ...

High Court Rules Non-Compete Fee as Revenue Expenditure, Not Capital, in Business Activity Case.

October 8, 2012

Case Laws Income Tax HC

Non-compete fee paid to Sri.U.Mohan Rao - revenue expenditure v/s capital expenditure - the payment was in respect of the performing of the business of the assessee - held as revenue in nature - HC

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Non-compete fee paid to Sri.U.Mohan Rao - revenue expenditure ...

High Court Rules Non-Compete Fee as Revenue Expenditure, Not Capital, in Business Activity Case.

October 8, 2012

Case Laws Income Tax HC

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