https://www.taxtmi.com/caselaws?id=76027 The High Court upheld the Tribunal's decision that the Rs.22 lakhs received by the assessee was a non-compete fee and not taxable as salary. The Court also found the assessing officer's estimation of professional income at Rs.2 lakhs per month to be unjustified. The appeal by the revenue was dismissed, affirming the Tribunal's order. en-us Tue, 27 Apr 2010 00:00:00 +0530 Sat, 29 Dec 2012 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76027 The High Court upheld the Tribunal's decision that the Rs.22 lakhs received by the assessee was a non-compete fee and not taxable as salary. The Court also found the assessing officer's estimation of professional income at Rs.2 lakhs per month to be unjustified. The appeal by the revenue was dismissed, affirming the Tribunal's order. Case-Laws Income Tax Tue, 27 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76027