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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Long Term Capital Gain on relinquishment from utilization of ...


Business Know-How Relinquished Before April 1, 2003, Classified as Capital Receipt, Not Taxed as Long-Term Gain.

January 18, 2013

Case Laws     Income Tax     AT

Long Term Capital Gain on relinquishment from utilization of business know-how - prior to 1st April 2003 such a payment is to be treated as capital receipt not liable for tax - AT

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